💨 Abstract

A joint venture between Blackstone Inc and India's Sattva Group has filed for India's largest REIT IPO, aiming to raise up to $712.55 million. The joint venture, Knowledge Realty Trust, is 55% owned by Blackstone, while Sattva holds a 45% stake. Sattva Group, a real estate conglomerate based in Bengaluru, has operations across seven cities in India.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖