Moneycontrol had reported citing sources that PE firm Blackstone was planning for a mega exit from Embassy REIT by planning to offload its entire stake in a block deal.
Blackstone Inc. will sell its entire 23.59% stake valued at $833 million in India's largest real estate investment trust Embassy Office Parks, four years after ..
Blackstone Inc. will sell its entire 23.59% stake valued at $833 million in India s largest real estate investment trust Embassy Office Parks, four years after it was first listed, according to a.
Embassy Office Parks Reit: Blackstone will sell 223.6 million units of Embassy REITs, in one of the biggest block deals this year, at a 7.7% discount to 335.75 rupees per unit price as of Dec. 19, according to the term sheet. The units will be sold via block deals in the secondary market.
Updated Feb 16, 2021 | 13:24 IST Brookfield REIT debuts on the exchanges, sees soft opening. Brookfield is India s third publicly listed REIT and only institutionally managed public commercial real estate vehicle. (Representational Image) | Photo Credit: Getty Images Key Highlights REIT instruments gain popularity in India Brookfield India Real Estate Trust (“Brookfield REIT”) is India’s only institutionally managed public commercial real estate vehicle. Sponsored by an affiliate of Brookfield Asset Management (“BAM”), one of the world’s largest alternative asset managers has campus-format office parks strategically located in Mumbai, Noida, Gurugram, and Kolkata. Its portfolio comprises 14msf, which include 10.3msf of completed area, 0.1msf of under construction, and 3.7msf future development projects.