Embassy REIT to raise debt, equity to fund acquisitions
CEO Mike Holland says Embassy REIT is likely to acquire large scale business parks and high quality assets and not standalone office buildings
The REIT receives a ROFO invitation from Embassy Property for the potential sale of around 8.7 million sq. ft. of completed and under-construction office space
BENGALURU : Embassy Office Parks REIT plans to raise debt as well as equity to finance potential acquisitions as it looks to expand its 33 million sq.ft portfolio--the largest real estate investment trust in Asia by size.