India, Dec. 3 -- Embassy Office Parks REIT, India's first listed REIT, has announced that it has acquired a 3 lakh square feet marquee office property located within Embassy GolfLinks Business Park, in Bengaluru for Rs.852 crore.

Located in the heart of Embassy GolfLinks, this high-quality Grade-A asset is fully leased to a leading global investment firm. This acquisition further consolidates Embassy REIT's scale and ownership in a micro-market that continues to see strong leasing demand and premium rental growth, the company said in a statement.Embassy REIT owns and operates a 50.8 million square feet portfolio of 14 office parks in Bengaluru, Mumbai, Pune, Delhi-NCR and Chennai. The portfolio comprises 40.9 million sq ft of operational...