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  • Embassy group looking to monetise warehousing business at enterprise value of upto Rs 2,000cr Aug 11, 2020 07:00 PM IST

    Embassy group looking to monetise warehousing business at enterprise value of upto Rs 2,000cr

    Bengaluru-based Embassy group, which had in 2015 formed a JV with PE firm Warburg Pincus to build industrial parks, is in talks with few potential buyers to monetise completed and under-construction assets of the JV.

  • Embassy proposes to merge 11 projects with Indiabulls Real Estate, take control of merged entity Jul 16, 2020 11:03 AM IST

    Embassy proposes to merge 11 projects with Indiabulls Real Estate, take control of merged entity

    IBREL said a panel will be constituted to value the projects proposed to be merged and arrive at a swap ratio

  • Pact for merger of Embassy Group's realty units with IBREL may be signed before July 15 Jun 03, 2020 11:05 PM IST

    Pact for merger of Embassy Group's realty units with IBREL may be signed before July 15

    In June 2019, the promoters of IBREL sold 14 percent stake through open market transactions to Embassy Group for Rs 950 crore, as part of their strategy to focus on financial services and exit from realty business.

  • Embassy Group invests Rs 1 crore to combat COVID-19 Apr 14, 2020 08:08 PM IST

    Embassy Group invests Rs 1 crore to combat COVID-19

    Under the Embassy Cares programme, around 2,50,000 meals have been distributed to daily wage workers and migrant families across several locations in Bengaluru.

  • Embassy Group forays into co-living space; to invest Rs 2,000 cr in first phase Jan 21, 2020 06:07 PM IST

    Embassy Group forays into co-living space; to invest Rs 2,000 cr in first phase

    The expansion plans include Bengaluru, Hyderabad, Mumbai, Pune and Delhi NCR with a vision to take the brand international over the next few years.

  • Embassy Group forays into co-living segment Aug 26, 2019 04:57 PM IST

    Embassy Group forays into co-living segment

    The company has set up a new company - EPDPL Co-Living - to cater to the segment, it said in a statement.

  • Embassy Office Parks REIT raises Rs 3,000 crore via debentures May 04, 2019 01:24 PM IST

    Embassy Office Parks REIT raises Rs 3,000 crore via debentures

    The NCDs will be listed on the Wholesale Debt Market segment of the BSE.

  • Embassy Group receives Rs 725 crore from KKR's NBFC arm for a project in Bengaluru Feb 11, 2019 07:49 PM IST

    Embassy Group receives Rs 725 crore from KKR's NBFC arm for a project in Bengaluru

    Embassy Group has a strong presence in the commercial office space sector across key Indian markets.

  • Embassy Group eyes 20% revenue growth at Rs 900 crore in FY19 from property management business Feb 03, 2019 03:45 PM IST

    Embassy Group eyes 20% revenue growth at Rs 900 crore in FY19 from property management business

    Embassy Services, which is Bengaluru-based Embassy Group's property management division, posted around Rs 750 crore revenue during last fiscal.

  • CCI clears deal involving Blackstone, Embassy Group Dec 07, 2018 08:27 AM IST

    CCI clears deal involving Blackstone, Embassy Group

    The company, in a joint venture with Blackstone, has developed business parks covering about 34 million sq ft of office space.

  • India's first REIT unlikely to get listed before end of the year: Property experts Sep 24, 2018 03:08 PM IST

    India's first REIT unlikely to get listed before end of the year: Property experts

    The REIT listing is unlikely to spark a rush for more listings, according to experts.

  • Embassy Group rejigs property portfolio ahead of REIT listing: Report Aug 06, 2018 12:37 PM IST

    Embassy Group rejigs property portfolio ahead of REIT listing: Report

    The revised REIT will include assets operated by partner Blackstone in the National Capital Region (NCR) and Mumbai

  • Embassy group to launch REIT this year to raise $1 billion Jun 11, 2018 07:40 AM IST

    Embassy group to launch REIT this year to raise $1 billion

    Global investment firm Blackstone-backed Embassy Office Parks is likely to file the draft prospectus with market regulator Sebi by next month to launch the country's first REIT, they added. Its REIT is already registered with Sebi.

  • Embassy enters into mid-income housing; partners Amazon for home automation May 24, 2018 03:33 PM IST

    Embassy enters into mid-income housing; partners Amazon for home automation

    This is the first time in recent years that the company is launching flats priced below Rs 1 crore.

  • Embassy group to invest Rs 1,350 cr in four new hotels Mar 25, 2018 02:20 PM IST

    Embassy group to invest Rs 1,350 cr in four new hotels

    Bengaluru-based Embassy group, which is a leading player in commercial real estate in the country with huge portfolio of office assets, has already roped in global hospitality major Hilton to manage these hotels.

  • Embassy partners Hilton for management of two hotels in Bengaluru Mar 19, 2018 06:47 PM IST

    Embassy partners Hilton for management of two hotels in Bengaluru

    The 500-room dual-branded hotel that features a Hilton Hotels & Resorts and a Hilton Garden Inn hotel will be located within the 100-acre Embassy TechVillage Business Park in South Bengaluru, according to a statement.

  • Developer sells residential unit for Rs 50 crore in Bengaluru Oct 13, 2017 03:35 PM IST

    Developer sells residential unit for Rs 50 crore in Bengaluru

    Developed by Embassy Group, Embassy One houses lifestyle residences. India’s first Four Seasons Private Residences in Bengaluru, are a part of this marquee destination

  • Won't buy more stake in MRO-TEK as prices too high: Jitu Virwani Sep 27, 2016 11:24 AM IST

    Won't buy more stake in MRO-TEK as prices too high: Jitu Virwani

    In an interview with CNBC-TV18, Jitendra Mohandas Virwani said that he won't be increasing his stake any more as the price has moved too high.

  • Embassy Industrial Parks Signs 1,910 Crore MoU with Government of Haryana at Global Investors Summit 2016 Mar 08, 2016 06:18 PM IST

    Embassy Industrial Parks Signs 1,910 Crore MoU with Government of Haryana at Global Investors Summit 2016

    Embassy Industrial Parks a joint venture between Embassy Group, India’s leading property developer and Warburg Pincus signed an MoU with the ...

  • UK Minister of State for Universities and Sciences Suggests a 92 Percent Satisfaction Rate Pursuing Higher Education in UK Dec 10, 2015 06:43 PM IST

    UK Minister of State for Universities and Sciences Suggests a 92 Percent Satisfaction Rate Pursuing Higher Education in UK

    Mr. Jo Johnson, UK Minister of State for Universities and Science and Mr. Dominic McAllister, UK Deputy High Commissioner for Bangalore, visited ...

  • Styletag.com, India`s First Online Curated Fashion and Lifestyle Startup Secures INR 50 Crore Angel Funding From Jitu Virwani, Chairman & Managing Director, Embassy Group Nov 17, 2015 08:25 PM IST

    Styletag.com, India`s First Online Curated Fashion and Lifestyle Startup Secures INR 50 Crore Angel Funding From Jitu Virwani, Chairman & Managing Director, Embassy Group

    Styletag.com, India’s first online curated fashion and lifestyle startup announced that it has raised INR 50 crore in angel funding from ...

  • Embassy Group Announces 198 Acre Industrial and Warehousing Park at the Tamil Nadu Global Investors Meet 2015 Sep 11, 2015 08:30 AM IST

    Embassy Group Announces 198 Acre Industrial and Warehousing Park at the Tamil Nadu Global Investors Meet 2015

    Embassy Group, a leading Indian property developer, today signed an MoU with the Government of Tamil Nadu at the Tamil Nadu Global Investors Meet ...

  • Cycling for a Cause - Embassy Pedal for the Planet a Great Success Aug 23, 2015 03:58 PM IST

    Cycling for a Cause - Embassy Pedal for the Planet a Great Success

    The second edition of the Embassy Pedal for the Planet corporate cycling event organized by Embassy Group, India’s leading property developer, ...

  • Flipkart inks largest lease deal with Embassy Group May 05, 2015 10:13 PM IST

    Flipkart inks largest lease deal with Embassy Group

    Flipkart has signed up to lease 2 million sq feet commercial space from the Embassy Group at an annual rent of about Rs 180 crore

  • SBI Cap may auction KFA House post March 15 Feb 27, 2015 01:49 PM IST

    SBI Cap may auction KFA House post March 15

    Blackstone and Embassy Group may have expressed an interest in the property, sources say.

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