Globally, We Co. is present in 528 locations in 111 cities across 29 countries.
Embassy Office Parks REIT, India’s first listed REIT, is a joint venture between Blackstone Group and Embassy Property Developments.
The clubbing of various unrelated businesses under one roof has masked the success of the company.
The fund has so far made 10 investments, and has fully exited four of them.
This year, the commercial hub saw some top-dollar deals such as Blackstone Group Lp’s purchase of the One BKC office building for $362 million.
Brookfield, which has built an office space portfolio spanning 25 million sq. ft in the last six years in India, manages assets worth $3.5 billion.
Backed by PE firm Blackstone, K Raheja Corp has been in the race to buy out several commercial assets in major cities in the country in the last few y
If the deal goes through, this would be Mirae’s first investment in India’s commercial office market.
Differences cropped up between the cousins over a pact for joint development of land.
This is the year’s largest commercial real estate deal in India so far.
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