Embassy Office Parks IPO IPO

Incorporated in 2012, Bengaluru based Embassy Office Parks Private Limited is in the business of real estate including renting, selling, buying and operating of leased or self-owned real estate properties. It is a joint venture of the Blackstone Group L.P, a New York City based largest alternative investment firm in the world.Embassy Office Parks is coming up with a Real Estate Investment Trust (REIT) public issue to raise Rs 5000 Cr. The Embassy REIT is a SEBI registered REIT (as on August 3, 2017) as a real estate investment trust. The investment objective of the Embassy REIT is to own, operate and invest in rent or income generating office real estate and related assets in India in accordance with the REIT Regulations.Real Estate Investment Trust (REIT) ExplainedUnder the REIT Regulations Embassy REIT has to invest a minimum 80% of the value of its assets in completed and rent and/ or income generating properties. REIT Regulations also impose restrictions on certain investments including investments in vacant land, agricultural land or mortgages and assets located outside India.The Embassy REIT has been given a long-term rating of [ICRA] AAA by ICRA. The outlook on the assigned

Embassy Office Parks AddressRoyal Oaks, Embassy Golf Links Business Park,Off Intermediate Ring Road,Bengaluru 560 071Bengaluru, Karnataka+91803 322 0000compliance@embassyofficeparks.comVisit Website