Blog
February 18, 2013
Blackstone Set for Big Profit in Bangalore Real Estate JV
Global investor Blackstone is set for a possible maiden profit from the Indian real estate market, riding on robust luxury apartment sales in the tech city of Bangalore. Blackstone is exiting a joint venture with southern developer Embassy Property Developments, […]
Blog
October 26, 2012
Blackstone completes biggest India RE Investment
New York private equity real estate firm adds to its small property portfolio in the country with the purchase of a half-stake in a trio of office parks in Bangalore and Pune from developer Embassy Property Developments. Jonathan Brasse The […]
Blog
October 23, 2012
Blackstone-Embassy SPV to look at REIT listing in Singapore
Bangalore: Private equity giant Blackstone Group and technology park developer Embassy Property Developments will look at listing a real estate investment trust (REIT), which owns and operates income yielding office space portfolio, on the Singapore Stock Exchange. REITS are companies […]
SEZ
December 28, 2011
DLF sells Pune SEZ to Blackstone for Rs. 810 crore
DLF Ltd and its joint venture partner Hubtown Ltd, formerly known as Ackruti City Ltd, have sold their stake in a Pune special economic zone (SEZ) for Rs. 810 crore to US private equity firm Blackstone Group. Hubtown and DLF […]
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