Blackstone’s proposed $160M deal to buy out Mumbai commercial property 247 Park stuck

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Private equity major Blackstone’s negotiations to buy out commercial real estate asset of Hindustan Construction Company (HCC) called 247 Park has got stuck, said four sources privy to the development.The property is majority owned by IL&FS Milestone Realty Advisors, a joint venture between PE firms Milestone Capital and IL&FS Investment ......