Blackstone related stories
All articles and analysis
EUROPE NEWS: Blackstone’s graduation dayThe New York-based private equity giant has exited the student accommodation business after a classic build-and-sell play. PERE magazine June 2012 issue.
- Ugly market, but not everyone is afraid
Amid plenty of doom and gloom, there were some rays of light to encourage delegates of the PERE Summit: Europe to think positively about the region.
- PERE Summit Europe: RBS chief says no huge loan sell-off
Rory Cullinan, chief executive of the non-core business at Royal Bank of Scotland, says letting assets ‘run off’ is the most capital-efficient means of shrinking the bank’s remaining £35 billion of real estate.
- Walton Street to hand CalWest assets to lenders
The Chicago-based private equity real estate firm is expected to default on the debt backing a 95-property industrial portfolio and return the assets to lenders, as the bulk of the loans on the properties are scheduled to come due this week.
- Blackstone buys Motel 6 for $1.9bn
The New York-based private equity giant has made a deal with global hotel operator Accor to buy its US economy hotels division on behalf of BREP VII.
- Blackstone buys London complex for £340m
The New York-based private equity and real estate giant has signed a deal to purchase Devonshire Square, a 12-building office and retail complex, from ADIA and Rockpoint.
- Blackstone makes first Singapore purchase
The New York-based private equity and real estate giant has purchased StarHub Green, a 400,000-square-foot office park in the Southeast Asian city-state, from SEB Asset Management for roughly $173 million.
- Tishman Speyer raises “watershed” RMB fund
The New York-based firm has raised RMB 1.2 billion for a mixed-use development in Suzhou in what it claims to be the first Renminbi denominated real estate fund raised by a foreign developer.
- PERE 30: Blackstone leaves the competition behind
Thanks largely to its current fundraising effort, the New York private equity and real estate giant has increased the distance between itself and its closest competitors. Meanwhile, most of the remaining legacy firms have fallen out of the ranking, opening the door for several new players and returning firms.
- Blackstone sells UK student housing business
According to sources familiar with the situation, the New York real estate and private equity giant is in line to bank a £100m profit from the sale of its Nido Student Living accommodation business for its Blackstone Real Estate Partners fund series.