Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Blackstone reshapes Asia real estate leadership with new appointments

#Taxation & Finance News#India
Last Updated : 5th Sep, 2025
Synopsis

Global investment firm Blackstone has announced leadership changes within its Asia-Pacific real estate division. Tuhin Parikh has been elevated to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India, while Asheesh Mohta has been appointed Head of Real Estate India. These appointments form part of wider structural changes in the APAC business. Blackstone, one of India's largest foreign real estate investors, manages over USD 50 billion in assets, including USD 20 billion in real estate holdings.

Blackstone confirmed that Tuhin Parikh has been promoted to Vice Chairman of Real Estate Asia and Executive Chairman of Real Estate India. The company highlighted that this is a newly created role as part of a larger restructuring of its APAC real estate operations.


Alongside this, Asheesh Mohta, who previously served as Head of Real Estate Acquisitions India, has been named as the new Head of Real Estate India. The firm stated that these appointments are designed to strengthen leadership across the region while building on its significant presence in the Indian real estate sector.

Blackstone remains one of the largest foreign investors in India, with more than USD 50 billion in assets under management since inception. Out of this, nearly USD 20 billion is allocated to real estate. Its portfolio spans a wide range of asset categories, including premium office spaces, shopping malls operated under Nexus Select Trust, logistics and warehousing through Horizon Industrial Parks, hotels under Ventive Hospitality, as well as data centres managed by Lumina CloudInfra. The company also continues to expand its footprint in residential projects across India.

By elevating senior executives into strategic roles, the company aims to strengthen its influence and operational efficiency across diverse asset classes. With a substantial presence in offices, retail, logistics, hospitality, and data centres, Blackstone continues to position itself as one of India's most prominent and enduring foreign real estate investors.

Source - PTI

Related News

Have something to say? Post your comment

Recent Messages