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Global investment firm Blackstone has acquired South City Mall in Kolkata. The mall, spanning 10 lakh sq ft, was purchased for Rs 3,250 crore. Anarock served as the transaction advisor.
Anarock Group was the transaction advisor in the deal. South City Mall was developed by South City Projects (Kolkata), a consortium of Merlin Group, Emami Group, Sachi Group, Surekha Group, JB Group ...
Blackstone, the world’s biggest alternative investment firm, has acquired the Kolkata-based South City Mall in a Rs 3,250 crore ($376.8 million) deal. Blackstone, which also sponsors Nexus Select ...
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South City Mall-Blackstone deal: 'Speculative, incorrect ...South City Mall-Blackstone deal: South City Projects is a consortium of prominent real estate developers including Merlin Group, Sureka Group, Emami Group, Park Chambers Group, and Shrachi Group ...
KOLKATA: US investment giant Blackstone is in talks to purchase South City, eastern India's largest mall, for around Rs 3,500 crore, in what could be Kolkata's largest real estate deal.
South City Mall has appointed Amit Kumar as executive director, overseeing leasing, marketing, and operations, following Blackstone India's acquisition of the retail asset. With over 20 years of ...
Blackstone has acquired South City Mall, one of Kolkata’s largest shopping destinations, for ₹3,250 crore. The mall spans 10 lakh sq ft of retail space and was acquired with ANAROCK serving as ...
representative image Blackstone Inc., one of the largest landlords in India, is nearing a deal to acquire South City Mall in Kolkata for as much as $400 million, according to people with knowledge of ...
South City Mall is a definitive destination in Kolkata for shopping, dining, leisure, and entertainment," Asheesh Mohta, head of real estate acquisitions—India, Blackstone, said in a statement.
The South City Mall, spread across 12.5 lakh sq ft with a gross retail area of 6.5 lakh sq ft, has been Kolkata’s largest shopping destination. Its average annual turnover stands at ₹1,800 crore.
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