Embassy REIT sets sights on stressed office assets in India

Embassy REIT sets sights on stressed office assets in India

Hyderabad, India. Photo by arihant daga on Unsplash

Embassy Office Parks REIT, India’s first listed Real Estate Investment Trust (REIT), a joint venture between private equity giant Blackstone Group Lp and Embassy Property Developments, plans to acquire stressed office assets in India, while looking to expand its portfolio in Hyderabad and Chennai, said a top executive.

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