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.
BlackstoneReal EstateLeadershipIndiaApacReal Estate NewsSep 04, 2025
In a statement released on Thursday, Blackstone Real Estate detailed the new roles. Parikh’s transition to the newly created position of Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India reflects his extensive experience and contributions to the firm. Parikh has been instrumental in shaping Blackstone’s real estate strategy in the region, and his new role will focus on driving growth and strategic initiatives across Asia.
Asheesh Mohta’s promotion to Head of Real Estate India is a testament to his successful tenure and deep understanding of the Indian real estate market. Mohta has been instrumental in acquiring and developing key assets in India, and his new role will see him leading the firm’s real estate investments and operations in the country.
Blackstone is one of the largest investors in India, with over USD 50 billion of assets under management since inception, of which USD 20 billion is in real estate. The firm has become one of the most significant foreign real estate investors in India, with a diverse portfolio that includes office spaces, shopping malls, logistics and warehousing, hotels, data centers, and residential assets.
Some of Blackstone’s notable investments in India include the Nexus Select Trust, which owns a portfolio of shopping malls; Horizon Industrial Parks, a leading logistics and warehousing platform; Ventive Hospitality, which operates a range of hotels; and the Lumina CloudInfra platform, which focuses on data centers. These investments underscore Blackstone’s commitment to the Indian market and its belief in the long-term growth potential of the country’s real estate sector.
The leadership changes at Blackstone come at a time when the real estate market in Asia, and particularly India, is experiencing significant growth and transformation. The firm’s strategic reorganization is aimed at capitalizing on these opportunities and maintaining its position as a leader in the region. By leveraging the expertise and experience of seasoned professionals like Tuhin Parikh and Asheesh Mohta, Blackstone aims to drive further growth and value for its investors.
In conclusion, the leadership changes at Blackstone Real Estate reflect the firm’s commitment to maintaining its strong presence in the Asian and Indian markets. With a focus on strategic growth and innovation, Blackstone is well-positioned to continue its success in the highly dynamic and competitive real estate sector.
Frequently Asked Questions
Who has been promoted to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India at Blackstone?
Tuhin Parikh has been promoted to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India.
What is Asheesh Mohta's new role at Blackstone?
Asheesh Mohta will now be Head of Real Estate India, after serving as Head of Real Estate Acquisitions India.
How much real estate investment does Blackstone have in India?
Blackstone has invested over USD 20 billion in real estate in India.
What are some of Blackstone's notable investments in India?
Blackstone's notable investments in India include the Nexus Select Trust, Horizon Industrial Parks, Ventive Hospitality, and the Lumina CloudInfra platform.
What is the purpose of these leadership changes at Blackstone?
The leadership changes at Blackstone are aimed at driving strategic growth and maintaining the firm's position as a leader in the real estate sector, particularly in Asia and India.
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