Embassy Industrial Parks

Blackstone buys Embassy Industrial Parks from Warburg JV for Rs 5,250 cr

Embassy Industrial Parks is comprised of 10.6 million square feet of modern logistics and warehousing assets

Embassy in talks with Blackstone to sell warehouse biz for Rs 1,800 crore

Realty firm Embassy group is in the advance stage of talks with global investment firm Blackstone to sell its warehousing and industrial parks business at an enterprise value of around Rs 1,800 crore

Warehousing yields decline as global players race to invest in assets

Investors prefer warehousing assets because they are more stable than office properties, which were affected by the pandemic, said bankers involved in warehousing deals

Blackstone in the final leg of talks to buy out Embassy Industrial Parks

Embassy has a long-standing partnership with Blackstone through their JV Embassy Office Parks, which has floated and listed a real estate investment trust (REIT)

Embassy REIT raises Rs 2,600 cr via debentures to refinance existing debt

Embassy Office Parks REIT to refinance an existing debt of its IT park 'Embassy TechVillage' in Bengaluru

Värde Partners, New Vernon's Rs 1,000-cr realty deal hits approval wall

New Vernon's investment panel casts a cloud over Värde's earlier investments

Warburg Pincus is looking to exit joint venture with Embassy Group

"Warburg is not happy with the speed with which the land acquisition and development happened in the JV," said sources.

Embassy to invest $1 bn to raise warehousing space to 30 mn sq ft, says CEO

He said the domestic logistics sector is projected to grow at CAGR 13 per cent to Rs 9.2 trillion by 2019-20