Blackstone plans to sell up to $1.25 billion of its stake in India’s Knowledge Realty Trust through an offer for sale next week. The transaction would be Blackstone’s largest such sale this year.
11:47 AMBloomberg Markets5 stories from 3 sources
India’s real estate market pairs capital recycling with office demand
Day’s Recap
Supporting Articles
Flexible workspace operators leased 191,306 seats across India’s top eight cities in the first half of 2026, a 68.4% increase from a year earlier. They also leased 8.4 million square feet, nearly one-fifth of total office leasing.
1:19 AMEconomic Times
Max Estates will acquire nine companies holding 84.71 acres of land in Delhi through a ₹420 crore share swap. The parcels offer an estimated development potential of 4 to 6 million square feet and mark the company's entry into Delhi's residential market.
11:25 PMEconomic Times Realty11:47 AMBloomberg Markets
Blackstone to Sell Up To $1.25 Billion Stake in Knowledge Realty Trust
Summary
Blackstone plans to sell up to $1.25 billion of its stake in India’s Knowledge Realty Trust through an offer for sale next week. The transaction would be Blackstone’s largest such sale this year.
Blackstone is converting part of its exposure to one of India’s major office-property platforms into
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
A large institutional sell-down could reset the trust’s valuation and expand public ownership in India’s office-reit sector.
3 stories · 3 sources
1:19 AMEconomic Times
India’s flex workspace market records strongest H1 as seat leasing jumps 68%: Cushman & Wakefield
Summary
Flexible workspace operators leased 191,306 seats across India’s top eight cities in the first half of 2026, a 68.4% increase from a year earlier. They also leased 8.4 million square feet, nearly one-fifth of total office leasing.
Flexible workspaces are moving from a niche offering toward a core component of India’s office
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
Flex operators are becoming a major driver of office demand, reshaping landlord strategies and corporate real-estate decisions.
11:25 PMEconomic Times Realty
Max Estates to acquire 84.71-acre land parcels in Delhi via ₹420 crore share swap
Summary
Max Estates will acquire nine companies holding 84.71 acres of land in Delhi through a ₹420 crore share swap. The parcels offer an estimated development potential of 4 to 6 million square feet and mark the company's entry into Delhi's residential market.
The deal gives Max Estates immediate control of a sizable Delhi land bank without using
Unlock the full First Pass Analysis to get a better understanding of why this story mattersWhy it matters
The transaction could establish Max Estates as a meaningful Delhi residential developer while accelerating consolidation of scarce urban land through equity-funded deals.
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