Blackstone to sell up to 25% stake worth Rs 11,988 crore in Knowledge Realty Trust
- Posted on August 28, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
Blackstone is divesting a substantial 25% stake in Knowledge Realty Trust valued at approximately Rs 11,988 crore, a strategic move designed to satisfy regulatory requirements for public unitholding thresholds. The offering will be executed across two consecutive trading sessions on India's major stock exchanges, BSE and NSE. This transaction represents a significant capital redeployment by Blackstone and affiliated entities, which currently maintain considerable ownership in the real estate investment trust.
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Blackstone to sell up to 25% stake worth Rs 11,988 crore in Knowledge Realty Trust
Blackstone plans to sell up to 25.03% of Knowledge Realty Trust units. This offer for sale aims to meet regulatory public unitholding requirements. The sale includes a base offer and an oversubscription option for additional units. The transaction will occur over two trading days on BSE and NSE. Blackstone and related entities currently hold a significant stake in the trust.
