Blackstone related stories
All articles and analysis
Blackstone raises the stakes again in EOP battleBlackstone has hit back at a rival consortium by sweetening its own offer for US real estate business Equity Office Properties, ahead of tomorrow’s crucial shareholder vote.
- The corporate man
Edgar Alvarado of Allstate Investments discusses the state of the private equity real estate market from an LP’s perspective.
- Hail to the Chef
A Blackstone hotel property in New York City makes a bet on top UK chef Gordon Ramsay.
- Blackstone waxes profitable about Tussauds
Fresh from its $39 billion take-private of Equity Office Properties, Blackstone becomes the world’s second largest operator of tourist attractions and theme parks with a £1 billion deal to buy The Tussauds Group.
- Morgan Stanley transfers 5 offices to AREA
After months of negotiations, Morgan Stanley has transferred the ownership of five San Francisco offices to AREA, which provided mezzanine financing for the original $2.6bn deal.
- Asia property markets lead 2009 activity
Seven of the 10 most active real estate markets in the world in the past year were found in China, led by Beijing and Shanghai. The three most active global buyers were all Chinese development companies.
- Bridgepoint, Axa place €600m bet on Snai
The two firms are looking to carve out the gaming operations of Italian-listed leisure group Snai at the same time that Blackstone is reportedly vying to take control of Gala Coral.
- Apollo in final three to buy Citi Property Investors
The real estate platform of Leon Black-led Apollo is vying with ING and Australia’s Macquarie Group to buy the management of the $8bn private equity real estate business of Citigroup
- Apollo latest to buy amusement park with $2.4bn deal
The mega-firm is entering the amusement park sector, following several other firms that have acquired parks this year. But the sector has in some cases been a roller coaster for private equity returns.
- QUESTION & ANSWER: ‘Right team, strategy, structure’
GI Partners’ European managing director Mark Tagliaferri on the firm’s $1.9bn fundraise and strategy