ETV-logo

Embassy TechVillage (“ETV”) is a large-scale best-in-class integrated office park situated on the Outer Ring Road (“ORR”) in Bengaluru. Home to over 45,000 employees of 40+ corporate occupiers, ETV is an infrastructure-like asset that serves as a complete business ecosystem for its occupiers and their employees.

Located in Bengaluru’s best-performing commercial office sub-market, ETV spans over 84 acres and derives 88% of gross rentals from multinational occupiers, is 97.3% occupied, and has a 9.7 year Weighted Average Lease Expiry (“WALE”) with a 33.7% mark-to-market (“MTM”) potential.

(Data as of September 30, 2020)


ESG Initiatives

Extraordinary Meeting of Unitholders,

Embassy Office Parks REIT

10 December 2020, 11:00 AM IST

Embassy TechVillage Video

 

Top Occupiers

CSG

Cisco

Eli Lilly

Flipkart

Great West

JP Morgan

MathWorks

Rockwell Collins

Software AG

Sony

Telstra

Xiaomi

Note: Actual legal entity names of occupiers may differ. Data as of September 30, 2020

Location

Deepening Presence in a Highly Strategic Location in Bengaluru

map-pointerRepresents Embassy REIT owned asset

ETV (9.2 msf)

  • Located in ORR, Bengaluru's largest sub-market with 33% of Grade A stock
  • 45%
    % of Bengaluru Net Absorption
  • 8.8%
    Rent Growth CAGR (2014-3Q CY2020)
  • 2.0 msf
    Estimated Supply in 2021F
  • 2%
    Vacancy
Source: CBRE Research, 2020
Note: Data as of September 30, 2020

Contact Us

Sakshi Garg
Investor Relations Manager

mail ir@embassyofficeparks.com

   : +91 80 4722 2222