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Blackstone: The Canada Pension Plan Investment Board (CPP Investments) and The Ontario Municipal Employees Retirement System (OMERS) are the pension funds that have evinced interest in picking up the stake in this commercial real estate portfolio spread across a total 26 million sq ft in India.

Sovereign wealth funds GIC and Abu Dhabi Investment Authority along with two Canada-based pension funds are negotiating to acquire Blackstone Group's 50% stake in separate commercial portfolios of Panchshil Realty and Salarpuria Sattva Group. The deal worth over $4.5-$5.0bn is estimated to be concluded soon.