Embassy REIT sells 376,000 sq ft office blocks in Bengaluru to EAAA Rental Yield Fund

Embassy Office Parks REIT has sold 376,000 square feet of space at its Bengaluru business park. The deal, valued at Rs 530 crore, was with EAAA Alternatives' Rental Yield Plus fund. This divestment is part of Embassy REIT's strategy to recycle capital. The acquisition strengthens Rental Yield Plus's holdings within the Greenheart Tech Park.