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RE Rumor Mill: Blackstone, Deutsche Bank, Property Markets

By Andrew McIntyre (June 27, 2014, 7:50 PM EDT) -- The Blackstone Group LP and partner Embassy Group are preparing to list a portfolio of property in a real estate investment trust in India, the country's first REIT, Reuters reported. The two companies have more than 20 million square feet of office properties in India, and their REIT is likely to be valued at roughly $2 billion, Reuters said, citing an Embassy Group executive....

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