Global investment giant Blackstone announces major leadership restructuring in its Asia-Pacific real estate division, promoting key executives to strengthen its dominant position in India's booming property market.

Blackstone and Sattva Group-backed Knowledge Realty Trust announces strategic expansion across India's top 7 office markets ahead of its upcoming IPO.

Nexus Select Trust, backed by Blackstone, has acquired Vega City Mall in Bengaluru for ₹913 crore, marking its fourth retail acquisition in the city. This strategic move strengthens its position as the largest retail REIT in Bengaluru.

India's real estate investment trust (REIT) market grew 31% in 2023, the most in Asia-Pacific, despite a 7% fall overall the $252 billion Asian REIT industry. This increase bodes well for investors in India's young but growing REIT industry.

Nexus Select Trust, the Blackstone Group's retail arm, is poised to expand in India. The agreement to buy 1 million square feet of malls in Hyderabad from L&T Metro is valued at ₹1,100 crore. This massive purchase comprises the E-Galleria Mall in Moosarambagh, the L&T Metro Mall in Punjagutta.