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Blackstone to sell $400 mn stake in REIT Embassy, ADIA eyes investment

Business Standard LogoBusiness Standard6d ago

Blackstone to sell $400 mn stake in REIT Embassy, ADIA eyes investment - Business Standard

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Spokespersons for Blackstone and Bengaluru-based Embassy did not immediately respond to a request for comment.

Blackstone has invested more than $11 billion in Indian companies and assets over the years, but has been trimming its interests over time in Indian REITs.


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Article Details

Author / Journalist: Reuters

Category: EconomyFinance

Topics: Embassy Indian Standard Reit Worth Office Blackstone Stake Parks Business Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-24, 00:05:00

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Reading Time: 3 minutes read

Article Length: 404 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 498873

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About Business Standard

Business Standard Logo

Main Topics: EconomyFinance

Official Website: business-standard.com

Update Frequency: 225 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #49

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