Blackstone related stories
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EXCLUSIVE: Blackstone in unprecedented $10bn first closeThe New York-based private equity and real estate firm is expected to haul in nearly its entire target during the initial close of BREP VIII.
- Cromwell emerges as winning bidder for Valad Europe
A €145 million purchase price reflects an EBITDA multiple of approximately 6.4x for the European fund manager.
- Blackstone sells Sydney office for record price(2)
The New York-based private equity real estate giant has agreed the sale of an office building in Sydney to the Chinese property giant Dalian Wanda in a deal understood to reflect a record price per square meter for the asset class in the city.
- Blackstone sells Sydney office asset for A$415m
The New York-based private equity real estate giant has sold an office building in Sydney inherited in its 2011 acquisition of Valad to the Chinese property giant Dalian Wanda.
- Blackstone to buy 11,000 apartments for $1.7 bn
The New York-based private equity and real estate firm’s purchase represents its first major multifamily deal since launching a sector-focused platform in 2013.
- Blackstone agrees to jumbo $2.2bn NYC exit
Sale price of Three Bryant Park in Manhattan implies a 363 percent uplift in value since Equity Office Properties bought an 80 percent stake in the former Verizon HQ in 2005.
- Blackstone makes Caplan RE number two
The firm’s former head of Europe will become Jonathan Gray’s deputy as he takes on a new chief investment officer role for the New York private real estate investment giant.
- EXCLUSIVE: Kotak eyes $400m core India fund
The Mumbai-based real estate investment management business of Indian financial conglomerate Kotak Mahindra is planning to introduce an investment vehicle focused on completed, income-producing properties in India.
- Blackstone makes first RE tech investment
The New York-based private equity and real estate firm’s backing of technology firm VTS will be made on behalf of its BREP VII fund.
- Ærium appoints Park Hill’s Klein
As tipped by PERE last June, the founder of Park Hill Real Estate’s European business, Audrey Klein, has joined Ærium, the Europe-focused real estate fund manager, as senior managing director and head of fundraising and business development.