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Embassy, which manages 45 million square feet (4.18 million square meters) of office parks, has clients including Google, Cisco and IBM who are bolstering their presence in the world's fifth biggest economy.
Embassy, which manages 45 million square feet (4.18 million square meters) of office parks, has clients including Google, Cisco and IBM who are bolstering their presence in the world's fifth biggest economy.
India's largest real estate investment trust, Embassy Office Parks, plans to raise up to $400 million from investors, two sources with direct knowledge said, as it looks to meet demand for office...
Embassy Office Parks aims to raise $400 million to meet office space demand from clients like Google, Cisco, and IBM. The plan involves hiring Morgan Stanley and Kotak, focusing on Chennai presence amid India's commercial real estate boom.
The property group expects to complete by June, sources, who did not want to be named because the talks are private, told Reuters.