An alternative asset manager, city-based realty player Sattva Group and Blackstone have filed documents to increase India’s largest real estate investment (Reit) to ₹ 6,200 crore.
According to a draft offer document filed on Thursday, it will include the joint assets of Sattva and Blackstone’s nucleus office parks, which ranks 48 million square feet. Blackstone will have a 55% majority stake, while the Sattva will maintain the remaining ownership of this REIT, Knowledge Realty Trust.
In six cities in Reit’s portfolio, it is that it is India’s geographically diverse offices, including 30 office properties, including 30 office properties including Mumbai, Bengaluru, Hyderabad and Pune, with 30 office properties according to the filing.
Published – March 06, 2025 10:38 pm IST
