THE BLACKSTONE GROUP
K Raheja Corp, Blackstone finalise plan to raise RS 3,500 crore
Embassy Office Parks REIT, another Blackstone joint venture, is the only currently listed Indian REIT. It raised Rs 4,750 crore in April.
WhatsApp row: Company that backed Israeli cyber technology company NSO Group has an 'India connection'
WhatsApp lawsuit reveals how private e...
Indiabulls Real Estate sells London property to promoters for 200 mn pounds
Indiabulls Real Estate said the "company's wholly owned subsidiar...
Blackstone lines up logistics push, in talks with Hiranandanis for deal
Blackstone is talking to Hiranandani Group to acquire 50% stake in the realty developer’s logistics venture that has over 12-million-sq-ft assets under construction in Pune and Chennai.
Blackstone picks up 37.5% stake in Aakash Educational
"The deal values AESL at USD 500 million and Blackstone has paid Rs 1,350 crore for the 37.5 per cent stake," a source said.
Indian real estate attracts Rs 39,182 cr PE investments in first 3 quarters of 2019
The office segment remained the favored investment asset class with expectation of further traction in the near term. Institutional interest in rent-yielding office assets continued to be backed by strong occupier demand with 2019 slated to surpass 2018’s leasing numbers for a new historic peak.
Slowdown temporary, opportunity ahead: RIL Chairman Mukesh Ambani
"The current slowdown is temporary," Ambani said at the opening plenary of the third edition of Future Investment Initiative (FII) in Riyadh on Tuesday.
Salarpuria Sattva to enter affordable housing; plans Rs 900cr investment on 2 projects in Bengaluru
The company will sell residential units in a price range of Rs 25-60 lakh in these two projects comprising about 2,500 flats.
PE funds pump $3.8 billion into Indian real estate
Foreign private equity funds continued to dominate the real estate investment scene.
Blackstone, KKR join race for India’s Emami Cement
The Kolkata-based conglomerate is joining tycoons including Anil Ambani & Subhash Chandra in selling assets to pare debt as a cash crunch in markets increase funding costs. TPG Capital is also weighing a bid and could look for a local partner.
No plan to raise stake in Indiabulls Real Estate: Embassy
The company would remain invested in Indiabull Real Estate, the company said.
Realty firms may raise $25 billion in 3 years through REIT listings: Anarock
Their joint venture firm Embassy Office Parks listed its rental assets on the exchanges.
RBI turns down Indiabulls Housing’s merger with Lakshmi Vilas Bank
Gagan Banga, Indiabulls Housing Finance (IHF) vice chairman, said it appears that the RBI saw the move as a backdoor entry into banking.
$63 billion of zombie buildings sound alarm for Indian banks
"The timing is very crucial as the slowdown has hit the real estate market quite hard. "
Lower rates not effective way to stimulate growth: Stephen A Schwarzman, Cofounder Blackstone Group
Lower rates do not necessarily result in sustained economic growth and is not an effective way to stimulate economies or growth, says Schwarzman.
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