Blackstone, Indiabulls plan commercial real estate platform

Blackstone, Indiabulls plan commercial real estate platform

Photo by Livemint

Barely three months after striking a joint venture, private equity (PE) firm Blackstone Group Lp and Indiabulls Real Estate Ltd (IBREL) plan to develop it into a commercial properties platform with rent-yielding assets, said one person familiar with the development.

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