Blackstone Acquires Kolkata’s South City Mall
Simpson Thacher advised Blackstone as international counsel in connection with its acquisition of South City Mall in Kolkata, India, for ₹32.5 billion ($377 million). South City Mall is a prime retail asset in one of the most prestigious and sought-after areas in south Kolkata.
The Simpson Thacher team for the transaction included Jonathan Hwang, Paul Kim, and Timothy Magarry (Real Estate); Peter A. Thomas and Richard Zhang (Funds); Meredith Jones, and Andrew L. Mandelbaum (Tax).