Embassy Office Parks REIT

Embassy Office Parks REIT (Embassy REIT) has signed a lease agreement with SMFG India Credit Company (SMFG) for 1,94,000 square feet at Embassy 247 in Mumbai, for SMFG’s biggest office space in the country. This move is in line with SMFG’s growth plans in India. With this deal, SMFG India Credit aims to consolidate its offices in Powai and Andheri into a single office, the biggest in the country, and establish a strategic centralized location for back and mid-office functions for over 2000 employees. Cushman & Wakefield, one of the largest and the fastest growing real estate services firm in India facilitated the transaction for SMFG. 

SMFG India Credit’s Corporate office will continue to be in BKC, Mumbai. Embassy 247, owned by Embassy REIT, is a premium Grade-A office park with a total area of 1.18 million square feet in Mumbai's eastern suburb of Vikhroli. Strategically located and well-connected to all major modes of transport, Embassy 247 houses marquee names from the BFSI sector and large Indian conglomerates. SMFG India Credit has leased the office space, spread across ground, first & eleventh floor of Embassy 247.

Embassy Office Parks REIT is India’s first publicly listed Real Estate Investment Trust.