Blackstone related stories
All articles and analysis
Equity Residential is lead bidder for Archstone stakesThe REIT, led by Sam Zell, has offered $2.5 billion to buy a 53 percent ownership stake in the apartment giant from Bank of America and Barclays.
- Blackstone to hold follow-up close for Fund VII
Following its $4 billion first close in August, the New York-based alternative asset manager is said to be holding an additional close of up to $700 million this week on its latest global real estate fund.
- Blackstone to buy office portfolio for $1bn
The New York-based private equity giant will purchase 82 suburban office assets from Duke Realty on behalf of the firm’s latest global real estate fund.
- Blackstone reports a strong year for RE investment
Despite weakness in the firm’s latest real estate and overall earnings, the head of the New York-based private equity giant said today that 2011 will be one of the most active investment years in the history of firm’s real estate business.
- Brookfield sells NJ office for $377.5m
The New York-based developer and owner has sold the waterfront trophy on behalf of its US Office Fund to MEPT.
- ARA Asset Management makes inroads into $1bn fundraising
The Singapore-based firm has raised the first $300 million for its ARA Asia Dragon Fund II opportunity fund thanks largely to support from the Teacher Retirement System of Texas. A second $200m closing is expected by the end of next month.
- Barclays, BoA plan Archstone exit
Two of the three owners of the troubled Denver-based apartment REIT are rumoured to be selling off their stakes in the platform.
- Blackstone to buy retail portfolio for $473m
The New York-based private equity giant will acquire 36 retail properties from Equity One, in one of the first deals for its latest real estate opportunity fund.
- Pearlmark JV sells Philadelphia tower
The Chicago-based real estate investment firm and its minority partner, Blackstone, have sold the trophy office building for $143.5 million.
- Lietz pulls no punches in PERE Forum opening speech
Nori Gerardo Lietz told delegates at this week’s PERE Global Investor Forum in Amsterdam, that sovereign wealth funds had become competitors to fund managers, and the denominator effect was dangerous as it made investors over-allocated to real estate.