Oil prices have seen an uptick since the Red Sea crisis, and a new variant of COVID-19 has reared its ugly head. Consolidation or corrections remains to be seen.
Global private equity firm Blackstone Group plans to sell its entire stake in Embassy Office Parks REIT through a mega block deal on Wednesday, according to news reports
Embassy Office Parks REIT: For the first half of FY24, Embassy Office Parks REIT leased 3.1 msf, and the outlook for the full year looks promising, bolstered by a record leasing pipeline of 2.5 msf, the company said in October.
Embassy Office Parks REIT is India s first Real Estate Investment Trust (REIT) sponsored by global investment firm Blackstone and Bengaluru-based realty firm Embassy group. It got listed in 2019 after raising around Rs 5,000 crore through public issue.
Read about Blackstone selling a Rs 6,100-crore stake in Embassy REIT and IndusInd Bank exiting Nippon Life AMC. The article covers the details of the block deals and the major buyers involved.