Singapore's CapitaLand,  Xander  vie for Blackstone’s IT parks in India

Singapore's CapitaLand,  Xander  vie for Blackstone’s IT parks in India

Pedestrians are reflected on glass in front of Blackstone Group LP headquarters in New York, U.S., on Friday, April 14, 2017. Photographer: Victor J. Blue/Bloomberg

Singapore-based leading real estate company CapitaLand Ltd and global investment firm The Xander Group Inc. are the front runners to acquire Pune-based IT Parks, which is owned by US fund The Blackstone Group, said two people aware of the development.

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