India Realty Digest: Blackstone-IL&FS, CPPIB-L&T, ITC Hotels, McLeod Russel in news

India Realty Digest: Blackstone-IL&FS, CPPIB-L&T, ITC Hotels, McLeod Russel in news

Photo: Bloomberg

Global private equity fund Blackstone is in talks to acquire cash-strapped IL&FS’ head office building in Mumbai, while CPPIB and RMZ Corp have formed an equal joint venture to acquire an L&T property in Bengaluru. In separate developments, ITC Hotels said it has acquired Park Hyatt Goa Resort and Spa while Mcleod Russel India Ltd is selling two tea estates to Goodricke.

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