Blackstone Elevates Tuhin Parikh and Asheesh Mohta to Lead Real Estate in Asia and India

Global investment firm Blackstone has promoted Tuhin Parikh to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India, while Asheesh Mohta will become Head of Real Estate India.

BlackstoneReal EstateTuhin ParikhAsheesh MohtaAsiaReal EstateSep 04, 2025

Blackstone Elevates Tuhin Parikh and Asheesh Mohta to Lead Real Estate in Asia and India
Real Estate:New Delhi, Sep 4 (PTI) Global investment firm Blackstone has elevated Tuhin Parikh as Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India. In a statement on Thursday, Blackstone Real Estate announced that Parikh will transition to the newly created role of Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India.

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.

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. Blackstone 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 & warehousing (Horizon Industrial Parks), hotels under Ventive Hospitality, data centres under the Lumina CloudInfra platform, and other residential assets across India.

These promotions reflect Blackstone's commitment to strengthening its leadership in the Asian real estate market, particularly in India. Tuhin Parikh's extensive experience and expertise will be instrumental in driving the company's strategic initiatives and growth in the region. Similarly, Asheesh Mohta's deep understanding of the Indian real estate market will ensure that Blackstone continues to identify and capitalize on lucrative investment opportunities.

Blackstone's real estate division has been a driving force behind several major investments in India, including the acquisition of the largest logistics platform in the country, Horizon Industrial Parks, and the development of high-profile commercial and residential projects. The company's robust portfolio and strategic partnerships have solidified its position as a leader in the Indian real estate sector.

With these new appointments, Blackstone is well-positioned to navigate the evolving landscape of the Asian real estate market and continue its trajectory of success. The company's focus on innovation, sustainable development, and long-term value creation will be crucial in maintaining its competitive edge and meeting the growing demand for high-quality real estate assets in the region.

Frequently Asked Questions

What is Blackstone's new leadership structure in Asia and India?

Blackstone has appointed Tuhin Parikh as Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India. Asheesh Mohta will become Head of Real Estate India.

How much real estate does Blackstone manage in India?

Blackstone manages over USD 20 billion in real estate assets in India, which is part of its USD 50 billion total assets under management since inception.

What are some of Blackstone's major real estate investments in India?

Blackstone has invested in office spaces, shopping malls (Nexus Select Trust), logistics & warehousing (Horizon Industrial Parks), hotels under Ventive Hospitality, data centres under the Lumina CloudInfra platform, and residential assets across India.

Why are these leadership changes significant for Blackstone?

These changes reflect Blackstone's commitment to strengthening its leadership in the Asian real estate market, particularly in India, and to driving strategic initiatives and growth in the region.

What is Blackstone's focus in the Indian real estate market?

Blackstone's focus in the Indian real estate market is on innovation, sustainable development, and long-term value creation, aiming to meet the growing demand for high-quality real estate assets in the region.

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