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Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Business Standard LogoBusiness Standard8h ago

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO - Business Standard

Quick Summary:

The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

Of this, the total amount of outstanding loans availed by the Asset SPVs from banks and NBFCs, was Rs 19,901 crore.

As of September 30, 2024, the value of Blackstone's global real estate portfolio stands at around $602 billion.


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Category: BusinessFinance

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Article Type: News Report

Published On: 2025-03-06 @ 22:29:46 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 436 words

Reading Time: 3 minutes read

Sentences: 20 lines

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Copyright Owner: © Business Standard

News ID: 26701309

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Official Website: business-standard.com

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