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.
BlackstoneReal EstateTuhin ParikhAsheesh MohtaApacReal EstateSep 04, 2025
In a statement released on Thursday, Blackstone Real Estate highlighted that Parikh will transition to the newly created role of Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India. This move is intended to leverage Parikh's extensive experience and deep understanding of the real estate market in Asia, particularly in India.
Asheesh Mohta, who has been serving as Head of Real Estate Acquisitions India, will now take over as Head of Real Estate India. This promotion underscores Mohta's significant contributions to Blackstone's real estate portfolio in India and his ability to drive strategic growth and investment in the region.
These leadership changes are part of a broader restructuring effort within Blackstone’s APAC Real Estate business. The firm aims to enhance its operational efficiency and strategic focus to better serve its clients and capitalize on the growing opportunities in the region.
Blackstone is one of the largest investors in India, with over USD 50 billion of assets under management since inception. Of this, USD 20 billion is dedicated to real estate investments. The firm has established a significant presence across various asset categories, including office spaces, shopping malls, logistics and warehousing, hotels, data centers, and residential properties.
Blackstone's extensive portfolio in India includes notable assets such as the Nexus Select Trust, which manages a portfolio of high-quality office spaces; Horizon Industrial Parks, a leading logistics and warehousing platform; Ventive Hospitality, which operates a portfolio of hotels; and the Lumina CloudInfra platform, which focuses on data centers. These investments highlight Blackstone's commitment to diversifying its real estate portfolio and capitalizing on the robust growth potential in the Indian market.
The promotions of Tuhin Parikh and Asheesh Mohta are expected to further solidify Blackstone's leadership position in the Indian real estate market. Both executives bring a wealth of experience and expertise to their new roles, and their contributions are expected to drive continued growth and innovation within the firm's real estate division.
As Blackstone continues to expand its presence in the APAC region, these strategic moves demonstrate the firm's commitment to maintaining a strong and dynamic leadership team. The changes are designed to ensure that Blackstone remains at the forefront of the real estate investment landscape, leveraging its extensive resources and expertise to deliver exceptional value to its investors and partners.
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. This role reflects his extensive experience and deep understanding of the real estate market in Asia, particularly in India.
What is Asheesh Mohta's new position?
Asheesh Mohta will now serve as Head of Real Estate India, after previously heading Real Estate Acquisitions India. This promotion underscores his significant contributions to Blackstone's real estate portfolio in India.
Why is Blackstone making these leadership changes?
These changes are part of a broader restructuring effort within Blackstone’s APAC Real Estate business. The firm aims to enhance its operational efficiency and strategic focus to better serve its clients and capitalize on the growing opportunities in the region.
How much real estate investment does Blackstone have in India?
Blackstone has invested USD 20 billion in real estate in India, which is part of its overall USD 50 billion of assets under management in the country since inception.
What are some notable assets in Blackstone's real estate portfolio in India?
Blackstone's real estate portfolio in India includes the Nexus Select Trust (office spaces), Horizon Industrial Parks (logistics and warehousing), Ventive Hospitality (hotels), and the Lumina CloudInfra platform (data centers).
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