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Blackstone, GIC said to be shortlisted for DLF's assets in India

Published Fri, Oct 14, 2016 · 09:50 PM

Singapore

BLACKSTONE Group LP and Singapore sovereign fund GIC Pte have been shortlisted to purchase a 40 per cent stake in the rental property arm of DLF Ltd, India's largest listed developer, people with knowledge of the matter say.

The funds were chosen to proceed in the bidding for the interest in DLF Cyber City Developers Ltd being sold by DLF chairman KP Singh's family, according to the people. The holding could fetch more than 100 billion rupees (S$2.07 billion), the people said on…

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Property

Property

Blackstone, GIC said to be shortlisted for DLF's assets in India

Property

DBS puts 46 HDB shops, private strata retail units on market for S$210 million

US mortgage rates jump above 7% for the first time this year

Far East Shopping Centre back on market at unchanged S$928 million asking price

London mansions sold at 30% discount spell gloom for luxury market

Delfi Orchard up for collective sale at S$438 million guide price

US existing home sales drop in March; median price increases

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