South City mall to be acquired by year Blackstone
America-based alternative investment management company Blackstone is in advanced talks with several city-based developers to acquire South City Mall in Kolkata. The mall South City Group developer — a consortium of Calcutta’s top builders — are also negotiating the sale of Altair, a luxury residential project in Colombo, with Blackstone.
As per the update, the combined deal size is understood to be in the region of Rs 3,500 crore.
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