The Embassy REIT was settled on March 30, 2017 at Bengaluru, Karnataka, India as an irrevocable trust under the provisions of the Indian Trusts Act, 1882 pursuant to a trust deed dated March 30, 2017 as amended on September 11, 2018. The Embassy REIT was registered with SEBI on August 3, 2017 as a real estate investment trust under Regulation 3(1) of the REIT Regulations having registration number IN/REIT/17-18/0001. The Embassy REIT has been settled by the Embassy Sponsor for an initial sum of `500,000. Pursuant to a letter dated August 21, 2018, SEBI took on record the addition of the Blackstone Sponsor to the sponsors of the Embassy REIT. As of the date of this Offer Document, the Embassy Sponsor and the Blackstone Sponsor are the sponsors of the Embassy REIT.
EOPMSPL has been appointed as the Manager to the Embassy REIT. EOPMSPL is held by the Embassy Sponsor and certain entities forming part of the Blackstone Sponsor Group. Axis Trustee Services Limited has been appointed as the Trustee to the Embassy REIT.
Pursuant to the Formation Transactions, (i) the Portfolio Assets are proposed to be held through the Asset SPVs; and (ii) the Portfolio Investment is proposed to be held through the Holdco, in accordance with the REIT Regulations.
2019
-Embassy Office Parks inks pact with Four Seasons Hotels & Resorts in Bengaluru.
2020
-Embassy REIT has completed the Embassy Tech Village acquisition.
2021
-Embassy REIT has been awarded a 4-star (out of 5 stars) rating in the 2021 Real Estate Assessment by GRESB, the leading global ESG benchmark for real estate and infrastructure investments.
2022
-Embassy REIT conferred with the Golden Peacock Award.
- Embassy REIT has been awarded a 5-star rating by GRESB, the leading global ESG standard for real estate and infrastructure investments, for its 42.8 msf operational and development portfolio.
2023
-The Company Approved approved the acquisition of Embassy Business Hub, Bengaluru for an aggregate enterprise value of 3,348 million.
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