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Blackstone-backed Reit faces potential roadblock to India listing: sources

Published Thu, Jan 26, 2017 · 09:50 PM

Mumbai

EMBASSY Group, an Indian partner of Blackstone Group LP, is facing a potential roadblock to its listing of the nation's first real estate investment trust amid disputes with investors in two of its properties, people with knowledge of the matter said.

Embassy Group has been planning to seek about US$600 million listing a trust backed by properties including Embassy GolfLinks and Embassy Manyata Business Park, which count Rolls Royce Holdings Plc …

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Companies & Markets

Companies & Markets

Blackstone-backed Reit faces potential roadblock to India listing: sources

Companies & Markets

UOB Kay Hian says ‘disadvantageous’ to reveal details of key management’s remuneration

Deutsche Bank has cut dozens in Asia private banking overhaul

Middle East violence heightens market fears of rate hikes, inflation

Tokyo's Nikkei drops more than 1,000 points, most in 3 years

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

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