Blackstone to buy 80% in Pune mall for $47.5m, Goldman to exit

Blackstone to buy 80% in Pune mall for $47.5m, Goldman to exit

Photo: Bloomberg

Global private equity firm Blackstone Group Lp is set to buy an 80% majority stake in Nitesh Hub, a shopping mall in Koregaon Park, Pune from real estate firm Nitesh Estates Ltd for around Rs310 crore, said two people familiar with the transaction, who did not wish to be named.

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