Blackstone has bought the office space in marquee One BKC building in Mumbai's Bandra-Kurla complex from Radius Group in one of India's biggest office property deals this year.

The deal will be completed in three transactions with the Blackstone-Embassy combine taking a 15% stake this week, followed by the purchase of the residual stake over the next 6-8 weeks. This will be followed by an open offer to the existing shareholders of IBREL.

Marvel Cinematic Universe's latest film Avengers: Endgame is proving to be a tough competition to some of the biggest Bollywood blockbusters.

Embassy Office Parks REIT, India's first listed real estate investment trust, has raised Rs 3,000 crore through private placement of debentures mainly to repay debt.

Embassy Office Parks, a joint venture between global investment firm Blackstone and realty firm Embassy Group, had raised Rs 4,750 crore through REIT

Bharti Airtel (3.11%) , ICICI Bank (2.13%)  and NTPC (1.99%) are the top Sensex gainers

Deep-pocketed global investors are getting ready to monetise commercial real estate assets owned jointly with Indian partners.

REIT is an investment tool that owns and operates rent-yielding real estate assets. It allows individual investors to make an investment in this platform and earn income

Embassy Office Parks, a joint venture between Blackstone and realty firm Embassy group, is a leading developer of commercial real estate

REIT is a company that owns, operates or finances income-producing real estate.

Embassy Office Parks REIT stocks closed at Rs 314.10, up 4.70 per cent, on the BSE after making a debut at Rs 300, the same as the issue price. The scrip touched an intraday high and low of Rs 324.50 and low of Rs 300, respectively.