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Blackstone in talks to buy Delhi's Select Citywalk Mall

According to an executive who has knowledge of the development, the acquisition is part of Blackstone group's broader strategy to launch retail REITs. The promoter of Select group has not added any mall to the portfolio in the 15 years of operation of Select Citywalk and with no plan for expansion, the owners want it to be part of REIT.

from Industry-Economic Times
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