64 per cent unitholding in Embassy Office Parks REIT for Rs 2,325 crore through open market transactions. 28 crore.

Details of the buyers of Embassy REIT's units could not be ascertained on the exchange. 26 per unit on the National Stock Exchange (NSE).

Embassy REIT (Real Estate Investment Trust) is sponsored by real estate developer Embassy Group, which has two other listed entities - Embassy Developments and WeWork India. Last week, in an interview with PTI, Embassy REIT CEO Amit Shetty said the company is bullish on demand for workspaces and plans to acquire 10-12 million sq ft of area over the next 3-4 years to expand its portfolio and grow business.

It owns and operates a portfolio of over 52 million square feet of office spaces across Bengaluru, Mumbai, Pune, Delhi-NCR and Chennai. Shetty highlighted that demand for office spaces remains strong despite global uncertainties.

He noted that foreign firms are actively leasing premium office spaces to set up Global Capability Centres (GCCs) across major cities. The coworking segment is also performing well due to high demand for managed flexible workspaces.

2 million sq ft of office spaces at a total cost of Rs 3,500 crore." We are looking at acquiring in the top five-six cities of the country.

We have a pipeline of about 10 to 12 million sq ft acquisitions from third party, as well as from our sponsor entity group that we are closely working with," Shetty said. He said the company is evaluating these acquisition properties and hoped to conclude a few deals this fiscal.

The company has enough headroom to take debt to fund acquisitions, once any deal gets finalised, he added. Recently, Embassy Office Parks REIT reported a 17 per cent annual increase in net operating income (NOI) to Rs 1,020 crore for the quarter ended June.

Its revenue from operations rose 17 per cent annually to Rs 1,241 crore in the first quarter of this fiscal. 31 per unit, to unitholders for the April-June quarter of 2026-27 fiscal.

In addition to office assets, Embassy REIT's portfolio includes strategic amenities such as five operational business hotels, two hotels under development, and a 100 MW solar park that supplies renewable energy to tenants.