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Blackstone Exclusive: Inside the Largest Block Sale Plan Yet

Blackstone and its affiliated entities intend to sell their investment in Embassy Office Parks REIT, the first listed real estate investment trust in India, in a major block trade.

Signage is seen outside the Blackstone Group headquarters in New York City, U.S. PHOTO: REUTERS/Jeenah Moon
Signage is seen outside the Blackstone Group headquarters in New York City, U.S. PHOTO: REUTERS/Jeenah Moon

The deal, valued at $833 million, will be the largest of its kind in the country this year, taking advantage of the booming Indian markets and allowing early investors to exit their positions.

The sale will be executed by special purpose vehicles sponsored by Blackstone, offering

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