Blackstone sells Rs 6,100-crore stake in Embassy REIT; IndusInd Bank exits Nippon Life AMC
The PE firm, through its several affiliates, sold 19,53,09,190 shares at Rs 316 per unit. Co-sponsored by the Blackstone Group and Embassy Group, Embassy Office Parks REIT is India’s first real estate investment trust (REIT) to get listed in April 2019.
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