CAM, JSA act on Blackstone-Prestige 11,000 crore real estate portfolio deal

Prestige has signed the term sheet with Blackstone to sell five office parks, nine shopping malls, two hotels and four under-construction office complexes

Prestige Group

Published on:

10 Nov 2020, 2:53 pm

1 min read

US private equity major Blackstone Group and realty developer Prestige Group have finalized the terms of a $1.5 billion (Rs 11,000 crore) transaction in one of the largest real estate portfolio deals in India, reported ET.

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Cyril Amarchand Mangaldas

J. Sagar Associates

Blackstone

JSA

Prestige Group