- Blackstone and Bain are in talks to sell a $480 million stake in India’s top REIT.
- This would be Bain’s first REIT investment in India.
- Office space is becoming more attractive to investors as many workers have returned to offices with the decline of the COVID-19 pandemic.
- For Blackstone, this would mean a further selldown of its Embassy stake as it adjusts its portfolio.
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