JSA advised Rental Yield Plus, a commercial real estate fund managed by EAAA Alternatives (“RYP”), in connection with the acquisition of ~376,000 sq. ft. of office space at Embassy Manyata Business Park from Embassy REIT, the largest office REIT in Asia by area.
The acquisition was undertaken for a total consideration of INR 530 crore and marks the third investment from RYP, thereby consolidating the Fund’s ownership within Embassy Manyata Business Park, a landmark in Bengaluru’s commercial real estate landscape.
JSA advised RYP on the corporate law and real estate related aspects of the transaction, which included corporate and title due diligence, negotiation, and execution of the definitive documents, as well as support through closing.
The JSA transaction team comprised Vivek K. Chandy, Lead Partner, Ajay G. Prasad, Partner, Shivani Jain, Senior Associate, and Deviah Chinnappa, Associate.
The JSA Real state team comprised Karthik B.M., Partner, and Spoorthi Krishna, Associate, who advised on the real estate aspects of the transaction.
Ajay G Prasad is a Partner at JSA Advocates & Solicitors, Bengaluru, specialising in corporate law, mergers & acquisitions, and private equity. He advises multinational corporations, private equity sponsors, and promoter groups on complex transactions across IT/ITES, real assets, manufacturing, and life sciences, with a strong focus on India entry strategies and regulatory structuring.