Reuters reveals Blackstone to sell $400 mln stake in Indian REIT; Abu Dhabi fund eyes investments

Reuters exclusively reported Blackstone will sell a stake worth up to $400 million in Embassy Office Parks REIT, India’s biggest real estate investment trust, via Indian stock exchange block deals. Abu Dhabi’s sovereign wealth fund, one of the world’s largest, is likely to pick up at least half of the stake that Blackstone is to sell.