Blackstone related stories
All articles and analysis
Blackstone sells stake in NYC office to Ivanhoé CambridgeThe real estate arm of Caisse de dépôt et placement du Quebec has purchased a 49.9 percent ownership interest 1411 Broadway for $360 million. The Swig Company will continue to hold the majority interest in the 1.2 million-square-foot office tower.
- North Carolina to invest $750 million in real estate
The $74.5 billion pension system has earmarked a significant amount of capital to new real estate commitments for 2013, primarily through re-ups with existing managers.
- Blackstone to snap up cut-price Sydney mall
The New York firm is reportedly in the process of buying Top Ryde, an 839,592 square foot shopping mall that has given its owners and creditors issues ever since its redevelopment.
- KKR, Delancey strike Ireland deal
New York-based private equity firm Kohlberg Kravis Roberts has reportedly teamed up with London’s Delancey to buy the headquarters of State Street and an adjoining site in Dublin.
- Morgan Stanley expects €600bn reduction in bank CRE lending
The US bank also says banks in Europe are 20 to 25% through their estimated deleveraging – a faster pace than it expected - and picks out Blackstone and Oaktree as being well positioned to capitalise.
- Walton Street raises $710m for Fund VII
Following a first close and roughly $300 million in pending commitments, the Chicago-based private equity real estate firm will be about halfway to its equity target for its latest opportunistic vehicle.
- GIC venture acquires San Fran office trophy
A partnership led by Singapore’s sovereign wealth fund has purchased a controlling stake in a 1.25 million-square-foot office tower that houses Morgan Stanley and Blackstone.
- Blackstone completes biggest India RE investment
New York private equity real estate firm adds to its small property portfolio in the country with the purchase of a half-stake in a trio of office parks in Bangalore and Pune from developer Embassy Property Developments.
- Blackstone sells assisted-living portfolio for $1.79bn
After buying 142 assisted living assets for $1.2 billion through a bankruptcy auction in 2010, the firm has sold the bulk of the portfolio to Long Beach, California-based healthcare REIT HCP.
- Northwood venture buys troubled Chicago office
The New York-based private real estate investment firm, led by former Blackstone chief executive John Kukral, has entered into a joint venture to buy a Chicago office tower with a troubled and complicated history.