BREP Asia SG L&T Holding (NQ) Pte. Ltd. (the “Blackstone Sponsor”) is a portfolio company of Blackstone Inc. (“Blackstone”) a real estate fund. Established in 1985, Blackstone is the world’s largest alternative asset manager with an AUM of over US$1.1 trillion, including global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets and secondaries and hedge funds. Blackstone is headquartered in New York, with nearly 4,900 professionals, and has offices across 27 cities worldwide. (All data as of December 31, 2024)
Blackstone has been investing in India for nearly 20 years, and since 2005 has invested in excess of US$11 bn in the country across a multitude of sectors including regulated sectors such as asset companies and housing finance companies. In the Indian real estate sector, Blackstone has, since 2007, invested in excess of US$4 bn across asset classes, including offices, retail and data centers. Blackstone is India’s largest office landlord owning an office portfolio of 84.0 msf comprising of sole/joint ownership assets as of December 31, 2024.