Blackstone-sponsored, mall-focused REIT Nexus Choose Belief ended the nine-month to December 2023 with a leased occupancy of 97 per cent and buying and selling occupancy of 96 per cent, and a re-leasing unfold of 26 per cent within the third quarter. The fast churn in tenants, newer manufacturers which have are available with more room … Read more
The warehousing and logistics sector in India is experiencing an explosion in demand and provide. A few of the largest world names within the sector and personal fairness giants are battling it out as they search to realize and consolidate their presence by establishing industrial parks and hubs throughout the nation. In 2023, industrial and … Read more
Nexus Choose Belief, the retail-focused actual property funding belief sponsored by world personal fairness big Blackstone, has signed a preliminary settlement to accumulate three malls from Larsen & Toubro in Hyderabad for round $300-350 million, sources stated. The department stores beneath the model identify ‘Hyderabad Subsequent Galleria Malls’ are positioned at strategic metro stations and … Read more
US non-public fairness agency Blackstone plans to exit its holding in Embassy Workplace Parks REIT for ₹6,931.5 crore ($833 million) in a block deal on December 20. Based on the term-sheet seen by businessline, Blackstone-sponsored particular objective autos can be promoting 22.4 crore items or 23.59 per cent stake in Embassy REIT, the nation’s first … Read more