# Blackstone real estate divestment in India

> Live situation record from CLSTR: https://clstr.news/situations/blackstone-real-estate-divestment-in-india
> Updated: 2026-09-27T13:01:08.000Z. Sources: 3. Developments: 2.

Blackstone Inc. sold up to $1.3 billion in shares of Knowledge Realty Trust, an Indian real estate investment trust managing 29 properties across six cities. The transaction involved institutional and retail investors and was completed at a 7% discount to the previous trading price. Following the sale, Sattva Group is expected to become the largest shareholder with a 32% stake, while Blackstone retains a 5% stake to assist in the trust’s direction. The move was intended to allow Blackstone to recycle capital for new investment opportunities.

## Timeline

### 2026-09-27: Blackstone entities announce dividend and major share sale

Blackstone Mortgage Trust declared a $0.47 per share Q3 2026 dividend, while major shareholder Holdings L. P. Blackstone sold 124,600 shares of Blackstone Inc. stock.

2 sources. https://clstr.news/cluster/blackstone-entities-announce-dividend-and-major-share-sale

### 2026-09-06: Blackstone sells up to $1.3 billion in India real estate trust shares

Blackstone Inc. sold up to $1.3 billion in shares of India-based Knowledge Realty Trust to reallocate capital into new ventures.

2 sources. https://clstr.news/cluster/blackstone-sells-up-to-13-billion-in-india-real-estate-trust-shares

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Cite as: Blackstone real estate divestment in India. CLSTR, https://clstr.news/situations/blackstone-real-estate-divestment-in-india