Distinctive: Blackstone to promote $400 million stake in Indian REIT Embassy, ADIA eyes expenditure

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  • Blackstone set to pare curiosity in India REIT-resources
  • Abu Dhabi’s prosperity fund eyes financial commitment in Embassy REIT
  • Blackstone $400 mln sale will mark its 3rd in Embassy
  • Block discounts on Indian exchanges established for early upcoming 7 days-sources

MUMBAI, Sept 23 (Reuters) – Blackstone Inc will promote a stake really worth up to $400 million in Embassy Business Parks REIT (EMBA.NS), India’s greatest authentic estate expenditure believe in, by using Indian stock exchange block offers, 3 resources familiar with the subject advised Reuters.

Abu Dhabi’s sovereign wealth fund, a

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