Thursday , July 29 2021

Embassy REIT to acquire property maintenance business of existing REIT properties at Embassy Manyata and Embassy TechZone, from Embassy Group

Bengaluru (Karnataka) [India], October 22 (ANI/BusinessWire India): Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed Real Estate Investment Trust and the largest in Asia by area, today announced that the Board of Directors of Embassy Office Parks Management Services Private Limited (‘EOPMSPL’), Manager to Embassy REIT, in its meeting held earlier today, approved the acquisition of the property maintenance business of Embassy Manyata Business Park in Bengaluru (‘Embassy Manyata’) and of Embassy TechZone in Pune (‘Embassy TechZone’) from an Embassy Group affiliate.Bengaluru (Karnataka) [India], October 22 (ANI/BusinessWire India): Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed Real Estate Investment Trust and the largest in Asia by area, today announced that the Board of Directors of Embassy Office Parks Management Services Private Limited (‘EOPMSPL’), Manager to Embassy REIT, in its meeting held earlier today, approved the acquisition of the property maintenance business of Embassy Manyata Business Park in Bengaluru (‘Embassy Manyata’) and of Embassy TechZone in Pune (‘Embassy TechZone’) from an Embassy Group affiliate.Read More

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