Embassy Office Parks REIT has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Embassy Office Parks REIT has completed the sale of approximately 376,000 square feet of office space across two strata-owned blocks at Embassy Manyata Business Park in Bengaluru. The total transaction value is ₹530 crore, with the buyer being EAAA Alternatives' first commercial real estate fund — Rental Yield Plus. The deal was originally announced on July 31, 2025, and has now been formally closed. Management describes it as a Distribution per Unit (DPU) accretive transaction and part of the REIT's broader capital recycling strategy. Trilegal advised on legal matters while Aeka Advisors handled structuring.
The divestment is positive for unitholders as it is expected to boost per-unit distributions. By monetising a mature asset, Embassy REIT gains flexibility to reinvest in new growth opportunities, potentially benefiting long-term unit holder value.