Blackstone’s Nucleus Office Parks targets 24.5 million sq ft by 2020 end, Real Estate News, ET RealEstate

Blackstone Group is scaling up Nucleus Office Parks, an entity that houses commercial properties fully owned by the group, in a bid to own 24.5 mn sft of office parks by the year end, a senior official told ET. Half Blackstone Group’s portfolio is in Southern India. “Nucleus will expand its capability in terms of […]

Prestige group to sell commercial projects to Blackstone for Rs 9,160 crore, Real Estate News, ET RealEstate

NEW DELHI: Realty firm Prestige Estates Projects Ltd on Monday said it has agreed to sell a large portfolio of office, retail and hotel properties to global investment firm Blackstone for an enterprise value of Rs 9,160 crore. Bengaluru-based Prestige has signed term sheets on Monday with the Blackstone group, and the deal is likely […]

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