Blackstone buys remaining Indiabulls Real Estate's office assets for $614m

Blackstone buys remaining Indiabulls Real Estate's office assets for $614m

Photo: Bloomberg

Global private equity major Blackstone Group, which had acquired 50 per cent stake in Indiabulls Real Estate’s commercial portfolio last year, has signed a term sheet to acquire the balance stake in the assets for about $614 million (over Rs 4,420 crore).

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