Blackstone, Panchshil Realty to buy Express Towers for Rs 900 cr

US private equity firm Blackstone Group LP and Indian developer Panchshil Realty are close to buying a majority stake in an office tower in Mumbai for about Rs 900 crore (Rs 9 billion), two sources......

Trump group has big plans for India's realty sector

The group has tied up with property developer Ireo for an office complex and M3M Group for a residential project in Gurgaon. It is also seeking to venture into Kolkata. The real estate group......

Blackstone, Embassy pad up to launch first REIT, raise Rs 4k cr

Draft prospectus to be filed next week; second trust, with Panchshil, in a few months Blackstone, one of the largest investors in the world, is likely to file a draft prospectus next week, along......

Mumbai's iconic Express Towers sold for Rs 870 crore

After months of negotiations, an entity owned by Pune-based property developer Panchshil Realty and US-based private equity (PE) company Blackstone has bought a majority stake in Express Towers,......