Embassy Office Parks REIT

Embassy Office Parks REIT is India's first listed Real Estate Investment Trust (REIT). The trust owns and operates a high-quality portfolio of commercial office parks and city-center office buildings across major Indian technology and business hubs, including Bengaluru, Mumbai, Pune, and the National Capital Region (NCR). Its portfolio comprises Grade-A commercial office space, integrated hospitality assets, and renewable energy infrastructure. The REIT is sponsored by the Embassy Group and global investment firm Blackstone. Its commercial assets are leased to leading multinational technology, banking, financial services, consulting, and healthcare enterprises. The trust's operational management is conducted by Embassy Office Parks Management Services Private Limited, with Axis Trustee Services Limited acting as trustee. Embassy Office Parks REIT operates on a predictable cash-flow model underpinned by long-term lease contracts with contractual rent escalations. As mandated by SEBI REIT regulations, the trust distributes at least 90 percent of its net distributable cash flows (NDCF) to unitholders on a quarterly basis, offering investors exposure to institutional-grade Indian commercial real estate.

Embassy Office Parks REIT allocated 5,81,05,600 units to anchor investors at Rs 300 per unit, raising Rs 1,743.17 crore. Key anchor investors included Fidelity, Capital Group, BlackRock, Morgan Stanley, HSBC, and Schroders.