Blackstone has ​proposed
to sell up to ‌25.03 per cent of Indian real ​estate investment trust
Knowledge ⁠Realty Trust in an offer for sale, an
exchange ‌notice showed on Friday.

The sale comprises a ‌base offer of ‌16.69 per cent ⁠stake, with an
option ⁠to sell 8.34 per cent more in case of oversubscription.

Floor price ​has been ‌set at 108 rupees per unit, valuing the
total stake that could ‌be sold at ₹11,988 crore ($1.26
billion).

Knowledge Realty Trust, backed by ⁠Blackstone and Indian real
estate firm Sattva Group, owns ‌29 assets across six cities and
has a gross asset value of ₹67,400 crore, according to ‌its
website.
Blackstoneand related entities now hold ​46.51 per cent in the REIT.
Knowledge Realty Trust, which ⁠listed on exchanges in ⁠August
2025, has gained about 10 per cent since ‌then.

($1 = 95.3775 Indian rupees)

Published on August 28, 2026


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Shin John
Shin JohnYtv Market News
Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.