Blackstone to buy 40% stake in India's Kolte-Patil Developers for $134 million
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Blackstone is set to acquire a 40% stake in Indian real estate developer Kolte-Patil Developers for $134 million. This move marks Blackstone's continued investment in the Indian real estate market.
March 13, 2025 | 11:45 am
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Blackstone is acquiring a 40% stake in Kolte-Patil Developers for $134 million, indicating its strategic expansion in the Indian real estate sector.
The acquisition of a significant stake in Kolte-Patil Developers by Blackstone suggests a strategic move to strengthen its position in the Indian real estate market. This could positively impact Blackstone's stock as it diversifies and expands its asset base.
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