Blackstone related stories
All articles and analysis
BREP VII holds record close on $13.3bnThe Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35 percent of the commingled vehicle already is invested.
- Blackstone to buy IM business of Capital Trust
The New York-based private equity and real estate giant continues to expand its real estate debt business with the acquisition of the investment management arm of Sam Zell’s real estate finance REIT.
- Blackstone recaps big California office portfolio
After investing $85 million in a troubled office portfolio controlled by an SL Green venture, the New York-based private equity and real estate giant has assumed a majority ownership stake in the properties.
- Montana puts Beacon fund on troubled investments list
The $12.78 billion pension plan now counts its commitment to Boston-based real estate manager’s 2007 vintage fund among its official tally of poorly performing real estate investments.
- AREIM attracts GIC, APG and AP4 into second fund
The firm originally launched as the Nordic investment partner to global heavyweights The Blackstone Group and ING Real Estate Investment Management, has attracted equity commitments from some of the world’s largest institutions for its second value-add fund.
- Belief systems
While many US pension plans are putting their faith in core strategies, KKR is urging them to go opportunistic
- Tishman, Lehman sell Atlanta tower for $152m
The New York-based real estate developer and the former Wall Street banking giant have sold Two Alliance Center to Highwoods Properties, a Raleigh, North Carolina-based REIT.
- Goodman’s next sovereign wealth fund JV is in Japan
The Sydney-based logistics real estate developer and investment manager has now forged a tie-up with the Abu Dhabi Investment Council with a view to investing more than $1 billion in the major logistics markets of Japan.
- Blackstone's Gray: Lack of construction boosts US confidence
Speaking on the opening day of the annual AFIRE conference, the global head of Blackstone's real estate group said the firm's success comes down to a simple strategy of team continuity and buying at a discount. In the US, a lack of new construction was giving the firm even greater confidence in the asset class.
- AREA appoints Park Hill to boost $1.7bn fundraising effort
The New York-based firm has hired Park Hill Real Estate Group, the subsidiary placement agent of The Blackstone Group, to help raise its next generation European fund and a US value added vehicle.