Bengaluru: Embassy Office Parks REIT (NSE: EMBASSY, BSE: 542602), Asia’s largest office REIT by area and India’s first listed real estate investment trust, has named Amit Shetty as its new Chief Executive Officer, effective August 1, 2025.
Amit Shetty, who has served as Chief Operating Officer since 2021, steps into the top leadership role after a successful tenure in driving operations, leasing, and development strategies across Embassy REIT’s premium commercial real estate portfolio. He succeeds Ritwik Bhattacharjee, who now takes on the role of Senior Advisor.
Amit Shetty Leadership: Embassy REIT Aims to Further Expand Presence
The appointment comes at a time when India’s office sector is witnessing renewed momentum, driven by strong demand for Grade-A commercial spaces. Under Shetty’s leadership, Embassy REIT aims to further expand its presence, build on institutional-grade asset management practices, and enhance stakeholder value.
Also Read: Embassy REIT Attracts Strong Investor Demand in INR 1550 Crore Debt Round
Jitu Virwani, Chairman of Embassy Group, commented on the transition: “Amit brings over two decades of experience in India’s commercial real estate sector. With his deep relationships in the leasing ecosystem and a track record of delivering operational excellence, the Board is confident that Amit Shetty will lead Embassy REIT into a high-growth future.”
Prior to Embassy REIT, Amit Shetty held senior leadership roles at CBRE and Honeywell, leading some of the country’s most significant corporate real estate developments. His domain expertise spans office leasing, capital projects, asset sales, and operational management.
Also Read: Embassy REIT Raises INR 2000 Crore via NCDs to Refinance Debt
Expressing his vision, Shetty said: “It’s an honour to lead Embassy REIT at a time of unprecedented opportunity. I am grateful for the Board’s trust and look forward to accelerating our growth trajectory while delivering long-term value to our tenants, investors, and employees.”
With strong fundamentals and a positive market outlook, Embassy REIT continues to position itself as a frontrunner in India’s real estate transformation story.