/ -- Embassy Office Parks REIT (NSE: EMBASSY) (BSE: 542602) ("Embassy REIT"), India's first listed Real Estate Investment Trust and the largest in Asia by area, announced today that the Board of Directors of Embassy Office Parks Management Services Private Limited (the "Manager" to Embassy REIT) has approved an arrangement with Embassy Property Developments Private Limited ("Embassy Sponsor"), for the acquisition of c.0.6 million square feet ("msf") leasable area in M3 Block B in Bengaluru, within the overall Embassy Manyata campus, at a 9.25% initial yield on development completion in 4Q FY2023.