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Blackstone to cash out of Indian REIT to focus on data centre investments

Last November, the PE mammoth, through its Asia Real Estate Fund and the Tactical Opportunities Fund, launched a new vehicle to build data centres across India.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

January 31, 2023 | 12:05 AM GMT

Blackstone to cash out of Indian REIT to focus on data centre investments

The Tech Capital

Private equity giant Blackstone Group (NYSE: BX) is reportedly in talks to cash out part of its stake in Embassy Office Parks, India’s largest real estate investment trust (REIT), in order to invest in data centres and retail properties.

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João Marques Lima

Founder and Editor, The Tech Capital

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