Real Estate
Blackstone Acquires Stake in Tritax Big Box After $1.4 Billion UK Logistics Deal
Blackstone has agreed to sell its UK logistics assets to Tritax Big Box for $1.39 billion, while taking a 9% stake in the real estate investment trust. This move will help Tritax expand its urban and small-box logistics offerings in the UK's South East and the Midlands.
Real Estate Mumbai
Blackstone-Backed Lumina CloudInfra Acquires 3.8 Acres in Mumbai for Rs 475 Crore Data Centre
Blackstone-backed Lumina CloudInfra has acquired a 3.8-acre plot in Mumbai's Chandivali for Rs 475 crore to develop a 60 MW data centre. This strategic move will boost Lumina's Mumbai region capacity to 240 MW, contributing to their total of 600 MW underway across India.
Real Estate Mumbai
Blackstone-backed Lumina Acquires 3.8 Acre Mumbai Land for Rs 475 Crore to Expand Data Centre Footprint
Lumina CloudInfra, a Blackstone-backed data centre platform, has purchased 3.8 acres of land in Mumbai for Rs 475 crore to expand its data centre capacity. The deal highlights the growing importance of Mumbai as a key data centre market in India.
Real Estate
Knowledge Realty Trust Shares Surge on Analyst Buy Recommendations
Shares of Knowledge Realty Trust, backed by Blackstone and Sattva Group, saw a 3% increase on Monday following buy recommendations from Morgan Stanley and BoFA Securities. The analysts cited the REIT's strong defensive profile, rising cash flows, and low leverage as key positives.
real estate news
Knowledge Realty Trust Shares Soar on Analyst Buy Recommendations
Shares of Knowledge Realty Trust, backed by Blackstone and Sattva Group, have seen a significant rise after two major brokerage firms recommended a 'buy'. Morgan Stanley and BoFA Securities both initiated coverage on the stock, citing strong financials and growth potential.
Real Estate
Nexus Reit Eyes Kolkata's Diamond Plaza in Latest Acquisition Bid
Nexus Select Trust, a Blackstone-backed retail real estate investment trust (Reit), is in advanced talks to acquire Kolkata's Diamond Plaza for an estimated ₹500-600 crore. This move is part of the company's strategy to expand its portfolio and tap into the growing demand for mall space in India.
Real Estate
Blackstone Real Estate Appoints New Leadership for BREIT and BXMT
Blackstone has announced key leadership changes within its Real Estate business, including the appointment of Katie Keenan as CEO of BREIT and Global Head of Core+ Real Estate, and Tim Johnson as CEO of BXMT. These changes aim to capitalize on the ongoing real estate recovery and capitalize on new opportunities.
Real Estate Mumbai
Nexus Reit Eyes Kolkata's Diamond Plaza: A Strategic Move in the Retail Sector
Nexus Select Trust, backed by Blackstone, is in advanced talks to acquire Kolkata's Diamond Plaza, adding to its growing portfolio of 19 malls. The move aims to capitalize on the increasing demand for premium retail spaces in India.
real estate news
Blackstone Real Estate Elevates Two India Executives to Senior Roles
Blackstone Real Estate, a prominent global investment firm, has promoted two of its India executives to significant roles. Tuhin Parikh will serve as the Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India, while Asheesh Mohta will take on the role of Head of Real Estate India.
real estate news
Blackstone Real Estate Reorganizes Leadership in Asia and India
Global investment firm Blackstone has elevated Tuhin Parikh to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India, while Asheesh Mohta takes over as Head of Real Estate India. These changes are part of a broader restructuring in Blackstone’s APAC Real Estate business.
Real Estate Mumbai
Blackstone Real Estate Elevates Tuhin Parikh and Asheesh Mohta in APAC Restructuring
Global investment firm Blackstone has announced significant leadership changes in its APAC Real Estate business, promoting Tuhin Parikh and Asheesh Mohta to key roles.
Real Estate
Blackstone Real Estate Promotes Tuhin Parikh and Asheesh Mohta in Strategic Move
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 takes over as Head of Real Estate India. These changes are part of a broader restructuring in Blackstone’s APAC Real Estate business.
Real Estate Pune
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.
Real Estate
Blackstone Announces Leadership Changes in APAC Real Estate
Blackstone, a global investment giant, has promoted Tuhin Parikh to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India. Asheesh Mohta takes over as Head of Real Estate India.
real estate news
Blackstone’s Strategic Leadership Realignments in APAC Real Estate
Blackstone has announced key leadership changes in its APAC real estate sector, promoting Tuhin Parikh to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India, while Asheesh Mohta takes on the role of Head of Real Estate India.
Real Estate
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.
real estate news
Blackstone Real Estate Promotes Two India Executives to Senior Roles
Blackstone Real Estate has announced the promotion of Tuhin Parikh to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India. Asheesh Mohta will take over Parikh's previous role as Head of Real Estate India.
Real Estate
Realty Stock Surges Following Blackstone’s Open Offer to Acquire 26% Stake
The shares of Kolte-Patil Developers Ltd, a leading real estate developer in India, have seen a significant jump after BREP Asia III India Holding's open offer to acquire up to 26% of the company's shares.
Real Estate Pune
Realty Shares Soar as Blackstone Launches Open Offer to Acquire 26% Stake
The shares of Kolte-Patil Developers Ltd, a leading real estate developer in India, have surged following an open offer by BREP Asia III India Holding to acquire a 26% stake in the company. This move is expected to significantly impact the company's future growth and financial performance.
Real Estate Mumbai
Knowledge Realty Trust Launches on Indian Stock Exchanges with 4% Premium
Knowledge Realty Trust (KRT), sponsored by Sattva Group and Blackstone, made its debut on the Indian stock exchanges with a 4% premium over the issue price. The REIT manages over 46 million sq. ft. of office properties across major cities, including Mumbai, Bengaluru, and Hyderabad.