Blackstone Elevates Tuhin Parikh and Asheesh Mohta in Real Estate Leadership
Global investment firm Blackstone has promoted Tuhin Parikh to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India. Asheesh Mohta will take over as Head of Real Estate India, previously heading Real Estate Acquisitions India. These changes are part of a broader restructuring in Blackstone’s APAC Real Estate business.
BlackstoneReal EstateLeadershipIndiaApacReal Estate PuneSep 04, 2025
Asheesh Mohta will now be Head of Real Estate India after serving as Head of Real Estate Acquisitions India. This is part of broader changes to its APAC Real Estate business, reflecting the firm's commitment to strengthening its leadership and strategic focus in the region.
Blackstone is one of the largest investors in India, with over USD 50 billion of assets under management since inception, and out of that, USD 20 billion is in real estate. The firm has become one of the most significant foreign real estate investors in India across all asset categories. It owns a large portfolio of office spaces, shopping malls (Nexus Select Trust), logistics and warehousing (Horizon Industrial Parks), hotels under Ventive Hospitality, data centers under the Lumina CloudInfra platform, and other residential assets across India.
These leadership changes underscore Blackstone's continued commitment to the Indian market and its strategic vision to capitalize on the growing real estate opportunities in the region. Tuhin Parikh and Asheesh Mohta bring a wealth of experience and expertise to their new roles, which are expected to drive further growth and innovation in Blackstone's real estate portfolio.
Blackstone's real estate investments in India have been significant, with a focus on diverse asset classes that cater to the evolving needs of the market. The firm's investments in office spaces, retail, logistics, and residential properties have not only bolstered its portfolio but also contributed to the development of the Indian real estate sector. The promotion of Parikh and Mohta is a testament to their contributions and the firm's confidence in their ability to lead and expand the business in the coming years.
With these changes, Blackstone aims to leverage the expertise of its leaders to navigate the complex and dynamic real estate landscape in Asia, particularly India. The firm's strategic focus on high-growth markets and its commitment to delivering value to investors are key drivers of its success. The new leadership structure is expected to enhance Blackstone's ability to identify and capitalize on emerging opportunities, further solidifying its position as a leading real estate investor in the region.
In summary, the promotions of Tuhin Parikh and Asheesh Mohta to their new roles in Blackstone's Real Estate Asia and India divisions are significant moves that reflect the firm's strategic priorities and long-term vision. These changes are poised to drive continued growth and innovation in Blackstone's real estate portfolio, benefiting both the company and its investors.
Frequently Asked Questions
What is Tuhin Parikh's new role at Blackstone?
Tuhin Parikh has been promoted to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India at Blackstone.
What is Asheesh Mohta's new position?
Asheesh Mohta will take over as Head of Real Estate India, previously heading Real Estate Acquisitions India.
Why are these leadership changes important for Blackstone?
These changes are part of a broader restructuring in Blackstone’s APAC Real Estate business, aimed at strengthening leadership and strategic focus in the region.
How much has Blackstone invested in real estate in India?
Blackstone has invested over USD 20 billion in real estate in India, making it one of the most significant foreign real estate investors in the country.
What types of real estate assets does Blackstone own in India?
Blackstone owns a large portfolio of office spaces, shopping malls, logistics and warehousing facilities, hotels, data centers, and residential assets across India.
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