Embassy REIT Closes ₹530 Cr Selloff at Embassy Manyata in Bengaluru to EAAA Alternatives’ Real Assets Business

New Delhi, December 24, 2025: Embassy Office Parks REIT has announced that it has closed the divestment of approximately 376,000 square feet of two strata-owned blocks at Embassy Manyata Business Park in Bengaluru for a total consideration of INR 530 crore to EAAA Alternatives’ first commercial real estate fund – Rental Yield Plus.

Amit Shetty, Chief Executive Officer, Embassy REIT, said, “We are pleased to conclude this transaction which creates long-term value for our stakeholders. This divestment aligns with our capital recycling strategy, enhances portfolio efficiency, and provides us with greater flexibility to reinvest in new opportunities.”

Gautam Hora, Managing Director, Rental Yield Plus Fund, said, “This transaction reinforces our commitment to acquiring prime assets in India’s most resilient markets. Strengthening our ownership at Greenheart Tech Park (~1.5 msf within Embassy Manyata) allows for a more cohesive management approach, providing us the opportunity to execute our value-enhancement strategy and drive superior outcomes for our tenants and investors.”

This is the third investment from RYP, and consolidates the funds ownership within Greenheart Tech Park, which is part of Embassy Manyata Business Park, one of Bengaluru’s largest and most prominent technology hubs, housing global enterprises across sectors such as Manufacturing, BFSI, Lifestyle, Consumer Goods, Auto, Technology, Flex Space, and Consulting.

Commenting on the investment, Subahoo Chordia, CEO, EAAA Alternatives, said, “This is our 35th asset acquisition in real assets business and demonstrate our interest and capability in investing and aggregating high quality assets.”