News articles tagged Blackstone

Due to high inflation, foreign investments in the Indian real estate sector are declining

Indian real estate sees 39% drop in US investments in 2023, yet office space remains most popular asset, attracting 52% of all investments.

Experts say iconic properties in Mumbai in demand

Prime Mumbai properties maintain value despite falling rentals, with landmark buildings like Cadbury House and Citi Centre changing hands. Investors favor leased properties with strong track records, impacting even suburban markets.

Unitech & Accenture sign pact of Rs 1,000 cr for leasing

Unitech Group has leased 8 lakh sq ft in its Gurgaon Tech-park SEZ to Accenture, potentially yielding ₹1,000 cr over 15 years, while exploring stake sale to Blackstone and GIC.

Embassy to raise Rs 800 cr to develop a Tech-park

Embassy Property Developments plans to raise Rs 800 crore in debt for an IT park in Bangalore, starting discussions with banks and considering selling space to Blackstone.

Blackstone Lay Luring Eye On Express Tower

Blackstone is reportedly interested in acquiring Express Tower in Mumbai, with potential investments totaling over ₹850 crore as it diversifies into the commercial sector.

Bangalore and Mumbai bag majority of PERE funds

Bangalore and Mumbai dominate private equity real estate investments in India, attracting over 84% of total funding, while Delhi's contributions remain primarily theoretical.

Bangalore saw doubled PERE investments in 2012

Bangalore tops PERE investments, receiving Rs.32.3 billion, doubling last year's amount, mainly in commercial sector, as per Cushman & Wakefield's report.

Foreign investors to focus on commercial realty

Foreign investors shift focus to India's commercial sector due to declining home prices, with firms like Blackstone, Xander, and Morgan Stanley leading the charge.

GMR To Sell Chennai Technology Park For Rs.150 Crore

GMR Group intends to sell its Chennai technology park for Rs.150 Cr, with Global Tech Park and a prominent CA vying for the acquisition.

Blackstone To Buy Bangalore Business Park For $367 Mn

US-based private equity firm Blackstone, along with HDFC and Embassy Realty, plans to purchase a Business Park in Bangalore for $367 million.

Blackstone To Gain Huge Profit From Its JV With Embassy

Blackstone anticipates a substantial profit of approximately ₹210 Cr from its joint venture with Embassy Property Developments in Bangalore, marking a significant Indian real estate investment.

Embassy Group To Raise Rs.500 Cr Along With JP Morgan

Embassy Group in talks with JP Morgan for Rs.500 Cr real estate fund for two Bangalore projects.

Blackstone Sets Its Luring Eye On Vrindavan Tech Village

Blackstone is in final talks to acquire Bangalore's Vrindavan Tech Village for Rs.900 crore. The IT park boasts major tenants like Cisco and Nokia, with Blackstone aiming to capitalize on rental income.

Blackstone To Launch New Real Estate Fund in Asia

Blackstone Group LP is preparing to launch a new real estate fund targeting the Asian market, aiming to expand its commercial real estate presence in the region.

Blackstone and KKR looks up for Indian Commercial Real Estate

UB Holdings in talks with Blackstone, KKR to sell commercial real estate for $123 million

Blackstone real estate partners to invest in synergy

Blackstone Real Estate Partners has agreed to invest approximately $18 million for a minority stake in Synergy Property Development Services, enhancing their portfolio in India.