Embassy Office Parks inks a Rs. 3000 Cr. deal with Flipkartpublished 4th January, 2015
Embassy Manyata Business Park bags the CNBC AWAAZ Real Estate Awards 2014 for the Best Commercial Project in Bengalurupublished 30th December, 2014
BANGALORE: The Manyata Embassy Business Park has bagged CNBC AWAAZ Real Estate Awards 2014 for the Best Commercial Project in Bengaluru.
The Manyata Embassy Business Park is managed by Embassy Office Parks.
Mike Holland, CEO, Embassy Office Parks, said, “This award is recognition of Embassy Office Parks’ continued efforts towards economic growth. We thank the committee for recognising us which only encourages us to strive towards the betterment of our organisation and help create a sustainable business eco-system.”
Embassy International Triathlon held in Bengalurupublished 2nd December, 2014
The inaugural edition of the Embassy International Triathlon 2014 was held at Stonehill International School on November 30. Hosted by Embassy Office Parks, teams representing 12 different nations came together in a gruelling test of speed and endurance.
The race started with a 750-meter swim made up of 30 lengths of a 25 meter pool at the Stonehill International School followed by a road based 20-km cycle ride. The last leg consisted of a rugged 10-km cross country run through trails around the Embassy International Riding School. Embassy Office Parks had organized the event in conjunction with ‘Specialized’ a major American brand of bicycles and related products to make it truly a world-class event.
Mr Mike Holland, CEO-Embassy Office Parks, talks to CNBCpublished 27th October, 2014
Mr Mike Holland, CEO-Embassy Office Parks, talks to NDTV Primepublished 27th October, 2014
Embassy Office Parks signs Flipkart for 3 mn sq.ft. office spacepublished 19th October, 2014
Embassy Office Parks, the joint venture between Embassy Group and Blackstone, at weekend announced that it has signed one of the largest commercial real estate leasing deals in India with Flipkart, an e-commerce marketplace. It has signed up for over 3 million sq ft of office space to be taken up in phases at the Embassy TechVillage in Bangalore.
The office premises, with fit-outs, for an initial 1.5 million sq ft is expected to be delivered within 24 months. There is an option to increase this to 3.25 million sq ft over the next 3 years to 5 years, Embassy Group said in a statement.
Jones Lang LaSalle acted as advisers on the deal. However, financial details were not disclosed by the company.
“In terms of area, the deal is the largest-ever single commercial real estate leasing deal in India,” the statement said.
CNBC interview with Mike Holland – CEO, Embassy Office Parkspublished 15th July, 2014
Mike Holland CEO Embassy Office Parks on the NDTV Prime Property Showpublished 27th May, 2014
CNBC TV covers Embassy TechVillage acquisitionpublished 9th May, 2014
Embassy Office Parks buys Vrindavan Tech Villagepublished 2nd May, 2014
MUMBAI, MAY 2: Embassy Office Parks has completed the acquisition of Vrindavan Tech Village (VTV) with a valuation of Rs. 1951 crore in one of the largest commercial real estate transactions in India. Following the acquisition of controlling stake in Embassy Tech Village the park has been renamed as Embassy TechVillage.
Embassy Office Parks is an equally owned joint venture between Bangalore based commercial property developer Embassy Group and U.S. based private equity major Blackstone Group.
Embassy Tech Village is a 106 acre development located in Bangalore’s IT corridor in Outer Ring Road.