SAM, JSA lead on Blackstone acquisition of stake in Indiabulls Gurugram office propertiesDecember 26 2018
Private equity giant Blackstone Group has entered into definitive agreements with listed developer Indiabulls Real Estate Ltd to buy up to 50% stake in two commercial properties in Gurugram.
Indiabulls Real Estate is parting with the stake at a combined enterprise value of Rs. 464 crore (around $66 million). The two office assets are in the Udyog Vihar locality and have a leasable area of 784,000 sq-ft, according to
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