30 Sep 2014

Blackstone Buys Properties in India for $178 Million - Source


U.S.-based private equity firm Blackstone Group L.P.BX ) has bought two office properties in India from a unit of Indian financier IDFC Ltd. (532659.BY), the Indian company said Tuesday.

IDFC said Blackstone has bought a property in Noida, which is a satellite city on the outskirts of New Delhi, and another in the western Indian city of Pune, from its private equity arm IDFC Alternatives Ltd. Read More..

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