Blackstone eyes first Indian real estate investment - reports
Blackstone is reportedly set to make its first real estate investment in India – an INR200 crore ($44 million) injection in a Bangalore-based firm’s project, according to the Business Standard - coming as the PE giant has been making advances in the property industry across Asia.
Details of the project were not released, though the investee, Embassy Property Development, is also said to be in talks with investors including Temasek and HDFC Property Ventures ahead of a potential...
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