Blackstone Group Lp’s property investments in the country are set to cross the $6-billion mark this year, even as the global private equity firm plans to diversify into the logistics sector.
Last week, Blackstone and developer partner Salarpuria Sattva bought the 100-acre Global Village Technology Park in Bengaluru for ₹2,800 crore (around $390 million) from Coffee Day Enterprises Ltd. Of this, Blackstone’s share of investment is around $275 million.
