The Blackstone Group / Hiranandani Group joint venture

28/12/2019
Joint venture

Re 25 billion

$ 351.084 million

Completed

28/12/2019


Overview:

  • Multinational asset management company Blackstone Group and real estate developer Hiranandani Group have formed a joint venture to set up a countrywide warehousing and logistics industrial parks platform.
  • The joint venture parties aim to invest Rs25 billion in developing 12 million sq ft of warehousing and industrial assets.
  • This matter marks Blackstone's entry in the warehousing sector in India.

Shah Shameer Ahmed - Researcher

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