Blackstone Group
Big Grid
Blackstone acquires Prestige’s retail & commercial assets, concludes deal at $1.5 bn: Report
American investment management company, Blackstone Group, has concluded its $1.5 billion acquisition of realty developer Prestige Group’s commercial portfolio, including offices, retail malls and hotel assets, according to a report by the Economic Times.
The deal will see Blackstone acquire over...
Big Grid
Blackstone acquires Prestige’s retail & commercial assets, concludes deal at $1.5 bn: Report
American investment management company, Blackstone Group, has concluded its $1.5 billion acquisition of realty developer Prestige Group’s commercial portfolio, including offices, retail malls and hotel assets, according to a report by the Economic Times.
The deal will see Blackstone acquire over...
Big Grid
Nexus Malls awarded ‘Dream Employer of the Year’
In a year which was written off by the pandemic, Nexus Malls stood true the values of Care, Customer Centricity, Excellence and Innovation. In the 10th Edition of the World HRD Congress and Awards 2021 by Times Ascent, Nexus Malls...
Big Grid
Nexus Malls awarded ‘Dream Employer of the Year’
In a year which was written off by the pandemic, Nexus Malls stood true the values of Care, Customer Centricity, Excellence and Innovation. In the 10th Edition of the World HRD Congress and Awards 2021 by Times Ascent, Nexus Malls...
Big Grid
PE into Indian retail pauses in 2020 amid COVID-19, 2021 looks promising
Indian retail sector was one of the worst-affected due to COVID-19, which in turn impacted private equity investments into the retail sector in 2020. The year was almost dry for the retail sector in 2020 as against 2019 when...
Food
Blackstone Group’s Rs 2,700 cr deal to buy Coffee Day techpark
IANS -
Blackstone Group along with Salapuria Sattva Group has signed a definitive agreement to purchase the Global Village TechPark of debt-laden Coffee Day Enterprises' subsidiary Tanglin Development Ltd at an enterprise value of Rs 2,700 crore.
"The board has approved and...
Retail Hub
Nexus launches first mall in India; to transform acquired malls by October end
Blackstone Group, world’s leading investment firm, has forayed into India’s retailing sector with its fully-owned subsidiary Nexus Malls. The group aims to transform the shopping experience of the Indian consumers. The group will own and manage shopping centers with...
Retail
US-based Blackstone Group acquires 50 pc stake in Pune's Westend Mall
In a landmark deal, international property consultancy JLL India has facilitated the sale of 50 per cent stake in Westend Mall in Aundh, Pune to US-based private equity player Blackstone Group.
Post-acquisition of retail malls in Ahmedabad, Amritsar and Navi Mumbai last year,...
Retail
Blackstone invests $150 million in Nagarjuna Construction
Days after acquiring Bangalore-based Gokaldas Exports, the US-based Blackstone Group, one of the world's largest private equity firms, has decided to invest $150 million (Rs 615 crore) to acquire 12.2 per cent stake in Nagarjuna Construction Company Ltd (NCC)....
Retail
Blackstone to buy 70 per cent in Gokaldas Exports
Gokaldas Exports Ltd, India’s largest garment manufacturer and exporter, has decided to offer 70 per cent stake to the US-based private equity major Blackstone Group for Rs 676 crore (including a 20 per cent open offer). Blackstone, which has...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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