Tag: Blackstone

Blackstone Likely To Buy Bangalore Business Park

February 13, 2013 – 7:22 pm

America-centered private equity giant Blackstone is likely to buy Business Park in Bangalore. The deal is expected to be fixed at $367 million (Rs.19.5 billion approximately). Blackstone, America-centered private equity giant is likely to buy Bangalore Business Park along with two Indian realty firms. The deal is expected to be set for a sum of […]

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Blackstone Buys StarHub Business Park in its First Singapore Deal

May 7, 2012 – 6:41 pm

Private equity group Blackstone Group has made its first acquisition in Singapore, buying the StarHubGreen project from Germany’s SEB Asset Management for S$215 million ($173 million). Stargazer Blackstone bought the 400,000-square-foot business park as part of an opportunity real estate fund, according to a source familiar with the deal. SEB and Blackstone agreed to the terms of the deal […]

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Blackstone and KKR on Indian Commercial Real Estate

May 2, 2012 – 1:41 pm

India’s UB Holdings is in talks with private equity funds Blackstone and Kohlberg Kravis Roberts to sell some of its commercial real estate for 6.5 billion rupees ($123 million), writes Reuters. UB Holdings, controlled by liquor baron Vijay Mallya, is part of the UB Group that owns majority of United Spirits and United Breweries, apart from debt-laden carrier Kingfisher Airlines, […]

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