Majority of the PERE Investments are done in Bangalore and Mumbai. Experts opine that this is due to the higher number of IT hubs in these cities. MUMBAI: Private Equity in Real Estate is one main sources of income for the builders. However the recent reports show that the PERE investments are mainly done in Mumbai […]
Tag: Blackstone
Foreign Investors shift to commercial sector
With home prices dropping in India, foreign investors are now planning to shift their investment from residential market to commercial real estate. Many of the cities have witnessed a fall of prices in the residential sector. Moreover many unsold residential properties remain in many of the cities without finding any takers. All these factors drive […]
Blackstone Likely To Gain Huge Profit from JV with Embassy
Leading global private equity and investment firm Blackstone is likely to gain huge amount of profit from its project in Bangalore, a joint venture along with Embassy. Joining hands with Bangalore– centered real estate firm Embassy Property Developments; Blackstone has developed a residential project. The luxury-oriented residential project will have 467 housing units. Each unit […]
Blackstone Launches Asia Focused Real Estate Fund
Blackstone Group LP is about to launch its Asia Focused Real Estate Fund. Blackstone Group hopes to seize the Asian real estate market with this fund. Blackstone Group is considered as the largest private real estate firm in the whole world. The firm has revealed its plans to launch another real estate fund in Asia.