Blackstone plans to sell up to 25% of India's Knowledge REIT for over $1 billion, offering a significant investment opportunity.
Blackstone has proposed
to sell up to 25.03 per cent of Indian real estate investment trust
Knowledge Realty Trust in an offer for sale, an
exchange notice showed on Friday.The sale comprises a base offer of 16.69 per cent stake, with an
option to sell 8.34 per cent more in case of oversubscription.Floor price has been set at 108 rupees per unit, valuing the
Blackstone is looking to sell a stake of up to 25.03 percent in Knowledge Realty Trust. This offer encompasses both a base stake…
Blackstone plans to sell up to 25.03% of Knowledge Realty Trust units. This offer for sale aims to meet regulatory public…
Blackstone's offer for Knowledge Realty Trust units saw strong demand from non-retail investors. The offer for sale is valued at…
Blackstone has successfully raised $1.75 billion through its initial public offering for a new trust focused on artificial…
Knowledge Realty Trust experienced a significant boost, as revenue and net operating income climbed by fifteen percent. The…
Knowledge Realty Trust plans to invest ₹700 crore to develop 1.4 million sq ft of office space in Bengaluru.
