Blackstone Group sells its entire stake in Mindspace REIT for $235 million1 min read . Updated: 11 Jan 2022, 12:26 AM IST
- Blackstone sold its remaining 9.2% stake at a price of Rs320 per unit, which is a 16% premium over the August 2020 price of Rs275 per unit during Mindspace’s public listing
BENGALURU : Global asset management firm Blackstone Group Lp on Monday sold its entire 9.2% stake in Mindspace REIT to Abu Dhabi Investment Authority (ADIA) for $235 million, according to two people familiar with the development.
Select your Category
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more