Embassy REIT Appoints Amit Shetty as CEO

Bengaluru, August 1, 2025: Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, has appointed Amit Shetty as CEO.

Shetty is currently the COO of Embassy REIT. He has played an instrumental role in building Embassy REIT’s business into India’s foremost commercial office enterprise. He  joined Embassy REIT in 2021 from CBRE, where he spent 14 years.  

Ritwik Bhattacharjee, the current CEO, will serve as senior adviser to the REIT.   

Jitu Virwani, Chairman, Embassy Group, said,  “We thank Ritwik for leading the REIT as interim CEO, and the role he’s played in Embassy REIT’s success over the years.”

He added, “After conducting a process with a global executive search firm, the board of the manager to Embassy REIT unanimously chose Amit Shetty to be Embassy REIT’s CEO. With his pedigreed relationships with the leasing community and strong development and asset management capabilities, Amit will take the REIT to greater heights in this growth cycle for the Indian office market.” 

Shetty said,  “I am really pleased to lead Embassy REIT at such an exciting time for our business. I am grateful to the Board of Directors for their trust in me, and I look forward to working closely with my colleagues to deliver sustained value to all our stakeholders.”

He added, “I also thank Ritwik for all his contributions to Embassy REIT. Our business is in great shape with strong fundamentals and demand drivers, and the outlook for Indian office has never been brighter.” 

As COO, Shetty was responsible for Embassy REIT’s leasing, capital projects and operations functions. He brings over 20 years of experience in leading office leasing, asset sales, construction and operations management across India. Prior to joining Embassy REIT, he was with Honeywell and CBRE, where he held a variety of senior leadership roles and led some of the key corporate real estate developments in the country.