Blackstone's Indian Real Estate Portfolio Yields $2.6 Billion Harvest
Blackstone's successful exit from Indian real estate investments, VDV Group's luxury housing project in Mumbai attracts institutional investor
BlackstoneIndian Real EstatePortfolioInvestmentReturnsReal Estate MumbaiAug 09, 2024
With a strong presence in the country, Blackstone has become one of the largest institutional investors in Indian real estate. The company's recent exits from two large assets in the past three years have yielded impressive returns, with the latest harvest totaling around Rs 4,355 crore ($520 million).
Blackstone's successful exit from Indian real estate investments is a testament to the company's strategic approach to investing in the sector. The firm's ability to identify and capitalize on lucrative opportunities has enabled it to generate substantial returns for its investors.
In related news, VDV Group has tapped an institutional investor for its luxury housing project in Mumbai. This development highlights the growing interest of institutional investors in India's real estate sector, particularly in the luxury housing segment.
Information
Blackstone is a global alternative investment management firm, founded in 1985 by Stephen Schwarzman and Peter Peterson. The company has over $580 billion in assets under management and is one of the largest private equity firms in the world.
Blackstone is a leading global investment business investing capital on behalf of pension funds, large institutions and individuals. Our mission is to create long-term value for our investors through the careful stewardship of their capital.
Frequently Asked Questions
What is Blackstone's total harvest from its Indian real estate portfolio?
Blackstone's total harvest from its Indian real estate portfolio exceeds $2.6 billion.
How much did Blackstone's latest harvest from Indian real estate investments total?
Blackstone's latest harvest from Indian real estate investments totaled around Rs 4,355 crore ($520 million).
What is the name of the luxury housing project in Mumbai that VDV Group has tapped an institutional investor for?
The name of the luxury housing project is not specified in the article.
What is Blackstone's approach to investing in Indian real estate?
Blackstone's approach to investing in Indian real estate involves identifying and capitalizing on lucrative opportunities to generate substantial returns for its investors.
What is the total amount of assets under management by Blackstone?
Blackstone has over $580 billion in assets under management.
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