S&R Associates Advised Embassy Office Parks REIT On Proposed Acquisition Of Eleanor Realty Holdings India
S&R Associates advised Embassy Office Parks REIT on proposed acquisition of Eleanor Realty Holdings India
The leading law firm in India, S&R Associates is representing Embassy Office Parks REIT, India’s first listed real estate investment trust and the largest office REIT in Asia by area, in the proposed third-party acquisition of 100% of the share capital of Eleanor Realty Holdings India, which owns and operates Pinehurst, a commercial office building with a total leasable area of 0.3 million sq.ft., for an enterprise value of INR 8.52 billion.
Located in the heart of Embassy GolfLinks, this high-quality Grade-A asset is fully leased to a leading global investment firm. The transaction is subject to customary conditions.
The S&R Associates team was led by Radhika Iyer (Partner) and Prateek Sharma (Partner), and included Henal Shah (Associate), Pradhumna Mohan Dixit (Associate), and Maideni Shukla (Associate).
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