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Blackstone exits investments in Synergy Property

Blackstone exits investments in Synergy Property

Blackstone Real Estate Partners, an affiliate of New York-based private equity firm The Blackstone Group, has exited its investment in Bengaluru-based real estate project management consultancy Synergy Property Development Services. “After seven years, there is a closure of fund and, hence, we bought 50 per cent of the 35 per cent stake Blackstone hold,” said Sankey Prasad, chairman and managing ...

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