The deals underscore moves by major data centre players, including hyperscalers and data co-location operators, to ramp up data centre capacity especially in the Mumbai metropolitan region, the largest data centre market in India
Zelestra's India portfolio comprises 600 megawatts (MW) of operational capacity and an additional 2 gigawatts (GW) of contracted projects, of which 1.5GW is already under construction
The space vacated by large hypermarkets is being taken over by premium gourmet grocery outlets. Nexus also plans to ask multiplexes to reduce their presence in malls, Pratik Dantara, head of strategy and chief investor relations officer, says
Tuhin Parikh will transition to the newly created role of Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India & Asheesh Mohta will step into Parikh's role
The company is in talks with banks about the proposed share sale and seeking an enterprise valuation of $4 billion
The REIT will have a portfolio of 46 million square feet, including around 9.5 million square feet under construction or in the pipeline. The trust, whose IPO opens on August 5, reported a net operating income of Rs 3,432 crore for FY25, an increase of 19 percent year-on-year.
This will be the fifth office REIT in the Indian markets after Embassy Office Parks, Mindspace Business Parks, Brookfield India and Blackstone-backed Sattva group’s Knowledge Realty Trust, which filed its documents earlier this year
The PE firm’s infrastructure business manages assets worth $60 billion, primarily in North America and Europe
The rise of wealthy Indians across the country has sparked the creation of many new firms competing to manage their money
Spanning over one million square feet, South City Mall features a vast array of international and Indian brands and generates an average annual turnover of over Rs 1,800 crore.
AGS Health was acquired five years back by EQT for around $320 mn
The residential segment, with 51 percent of the investment pie, underscores the confidence in this space.
As part of its first control private equity buyout in India, in August 2022, OTPP acquired a significant majority stake in Sahyadri Hospitals from the Everstone Group
Apart from Blackstone, Pidilite and JSW Group are also in the fray for the pain business, the report added.
Blackstone CEO Stephen Schwarzman downplays the impact of the 25% tariffs on steel and aluminium that came into effect, calling them a “short-term disruption.” He views the tariff changes as a temporary “phenomenon” and believes the world will adapt over time, with countries adjusting through currency fluctuations and cost-sharing between producers and consumers. The American tariffs were implemented on the same day of the interview, and major economies are still assessing their effects. While the White House has stated there will be “exceptions,” India, which is not expected to be included in the April 2 tariff list, continues to negotiate with the U.S. Regarding trade, Schwarzman sees India’s growing role in global supply chains as an opportunity, positioning the country as an alternative to China. He also emphasized that India’s trade relations with the U.S. are developing and that India is well-positioned for future trade agreements.
Blackstone's CEO, Stephen Schwarzman, highlighted India as the top-performing market for the U.S. private equity group. Since investing $1 billion in 2005, Blackstone’s operations in India have far exceeded expectations. The firm aims to double its exposure, targeting $100 billion in future investments, and remains the largest foreign company and private equity firm in India. Schwarzman expressed strong optimism about India’s future, citing political stability, regulatory improvements, and a young, tech-savvy population as key drivers of growth. Despite challenges in the past, such as difficulties for foreigners doing business in India, Blackstone adapted by focusing on owning and controlling businesses rather than just holding stakes. The company’s long-term strategy is to build businesses that improve the country’s economic landscape, and Schwarzman reiterated his confidence in India’s future as a prime market for investment.
“It's been a difficult time period for China. That's a great opportunity for India. It's important that India capitalizes on that opportunity,” said leading American asset manager Blackstone’s CEO and Chairman Stephen Schwarzman.
Amid the buzz of AI-driven productivity boom, Blackstone CEO Stephen Schwarzman has called it as important as the invention of electricity.
'It is logical to bring private credit here over time. India needs infrastructure and this is something we would like to do,' says Schwarzman
Blackstone Eyes $100 Billion Investment In India Amid Rising Opportunities: Stephen Schwarzman Blackstone CEO Stephen Schwarzman pins his hope on India in exclusive interview to Moneycontrol. Stephen said that Blackstone has seen exceptional success in India, with returns around 40% annually, making it their top-performing market. The company is rapidly expanding its presence, becoming the largest foreign investor, owner of real estate, and private equity firm in India. Blackstone's strategy involves owning businesses to control growth, which has proven effective in India’s thriving economy. The company is heavily invested in sectors like healthcare, technology, and data centers, with plans to further capitalize on India’s emerging AI and energy transit industries. Despite recent stock market declines, Blackstone remains optimistic due to India’s political stability, growing workforce, and favorable regulatory environment. AI is expected to transform industries globally, including in India, leading to productivity growth and innovation in sectors like drug development and education. Blackstone believes that India has significant potential as an alternative to China in global supply chains, especially amid China’s challenges, and should leverage this opportunity.
Speaking to Moneycontrol, Schwarzman said Blackstone is the world’s largest developer and owner of data centres and sees significant growth in the segment.
'We're the largest owner of real estate in the country. And we're very bullish on the future of the country,' says Schwarzman
On the future course of action, the Blackstone boss said that “countries will adapt to tariffs through currency fluctuations and shared costs between producers and consumers.”
Schwarzman said Blackstone aims to double its total exposure in India to $100 billion in the future
Blackstone, which has deployed $20 billion in office space and hotels in India, is nearing a deal to acquire South City Mall for as much as $400 million.