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Blackstone exits Mindspace REIT, sells stake for ₹1,740 cr: Report
short by Subhangi Singh / on Tuesday, 11 January, 2022
US private equity firm Blackstone has completely exited Mindspace Business Parks REIT by selling its balance 9.2% stake to Abu Dhabi Investment Authority (ADIA) for around ₹1,740 crore, reports said. Blackstone had acquired a 15% minority stake in the K Raheja Corp portfolio in March 2017 and sold stake worth $100 million in the company's IPO in 2020.
read more at Moneycontrol