# Embassy REIT Secures Rs 1000 Crore Bank Funding

> Embassy REIT raises Rs 1,000 crore in first bank financing at trust level.
- Title: Embassy REIT Secures Rs 1000 Crore Bank Funding | Shortify
- Summary: Embassy REIT raises Rs 1,000 crore in first bank financing at trust level. Embassy Office Parks REIT secured Rs 1,000 crore from a European bank via…
- Keywords: embassy reit, rs 1000 crore, ncds, rbi, reit lending framework, institutional capital, office parks, mumbai, Embassy, REIT, Secures, 1000
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/services/property-/-cstruction/embassy-reit-raises-rs-1000-crore-in-first-bank-financing-at-trust-level/articleshow/134477668.cms
- Author: Kailash Babar
- Published: 2026-09-25T06:43:00+00:00
- Read time: 1 min
- Topics: embassy reit, rs 1000 crore, ncds, rbi, reit lending framework, institutional capital, office parks, mumbai
## First Bank Financing for Indian REIT
Embassy Office Parks REIT raised Rs 1,000 crore through three-year floating-rate non-convertible debentures to a European multinational bank.
## RBI Framework Enables Trust-Level Funding
This is the first Indian REIT issue accessing bank funding at the trust level under RBI’s new REIT lending framework announced in June 2026.
## Transaction Details
The NCDs priced at 150 basis points over MIBOR OIS benchmark yield an initial coupon of 6.97% with quarterly resets.
## CEO Statement
Amit Shetty, CEO, Embassy REIT, called the fundraise a significant milestone for the REIT market and Indian capital markets.
## REIT Portfolio Details
Embassy REIT owns over 52 million square feet of office space across key Indian markets with 285 global and domestic corporations.
## Significance for REITs
The transaction provides REITs with access to institutional capital beyond traditional capital market funding through bank financing.
## Key takeaway

Embassy Office Parks REIT secured Rs 1,000 crore from a European bank via three-year floating-rate NCDs under RBI’s new REIT lending framework.