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Blackstone buys Mumbai building for ~$360M


Blackstone Group (BX -2.1%) acquired an office building in Mumbai’s Bandra Kurla Complex for INR 25B (~$360M), Mint reports.

The eight-story, 700K-square-foot building is fully leased; tenants include Facebook, Cisco, Amazon, and Bank of America.

The private-equity firm is also working in buying out Adani Realty’s 800K-square-foot commercial project, Inspire, for about INR 19B in the same area.





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