Tag: Blackstone

Blackstone Plans to Purchase Express Tower

May 9, 2013 – 7:41 pm

The PE giant Blackstone plans to buy Express Tower. The group’s Indian headquarters is in this commercial tower. Blackstone, having assets worth over $210 billion, is ranked as the largest private equity firm in the world. The group has investments in many countries including India.

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Blackstone: Buys StarHub Business Park in First Singapore Deal

May 7, 2012 – 6:41 pm

Private equity group Blackstone Group has made its first acquisition in Singapore, buying the StarHubGreen project from Germany’s SEB Asset Management for S$215 million ($173 million). Stargazer Blackstone bought the 400,000-square-foot business park as part of an opportunity real estate fund, according to a source familiar with the deal. SEB and Blackstone agreed to the terms of the deal […]

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Blackstone and KKR targets Indian Commercial Real Estate

May 2, 2012 – 1:42 pm

India’s UB Holdings is in talks with private equity funds Blackstone and Kohlberg Kravis Roberts to sell some of its commercial real estate for 6.5 billion rupees ($123 million), writes Reuters. UB Holdings, controlled by liquor baron Vijay Mallya, is part of the UB Group that owns majority of United Spirits and United Breweries, apart from debt-laden carrier Kingfisher Airlines, […]

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Blackstone Real Estate Partners To Invest In Synergy

April 28, 2008 – 7:49 am

Blackstone Real Estate Partners announced that it agreed to invest approximately 18 million dollars for a minority stake with board representation in Synergy Property Development Services Private Ltd. Synergy, Formed in 2003, is now one of the top projects and construction management companies in India and currently has over 500 employees across nine Indian offices, […]

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