CCI Approves KRT’s Acquisition of Blackstone, Sattva Assets

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The Competition Commission of India has approved Knowledge Realty Trust’s acquisition of entities linked to Blackstone and Sattva Group. Sponsored jointly by both, KRT will manage premium commercial office assets under its SEBI-registered REIT. The approval enhances India’s appeal to institutional investors, allowing participation in high-value realty projects. KRT is now set to proceed with its IPO, expanding its diversified portfolio of rent-generating assets, offering stable, long-term yield opportunities in India’s growing commercial real estate market.

Note: The above-mentioned news was first published by us in our ProjectX India | 15th May 2025 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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