Blackstone related stories
All articles and analysis
Brookfield launches $1bn industrial ventureThe Toronto-based alternative asset manager has formed a joint venture with Hillwood for industrial properties in the US. The new venture will be part of Brookfield Property Partners, a new public entity to be launched later this year.
- CBRE: North America buyers drove European investment activity
US and Canadian investors comprised the largest share of cross-border purchases in the European property market in 2011, according to a new CBRE report.
- News analysis: Blackstone enlists UK Prime Minister
It’s not every day that a private equity firm calls upon a prime minister for a press release soundbite.
- Blackstone RE head elevated to firm’s board
John Gray of New York’s Blackstone Group has been promoted to the main board of directors. His ascension to the top table comes shortly after he became sole head of the firm’s real estate platform.
- Blackstone, JPMorgan sell Texas office complex
The joint venture that owns Legacy Town Center in Plano, Texas is under contract to sell the three-building complex to KBS REIT III for $113 million.
- Seol eyes next chapter after resigning from BoA ML
The curtain has come down further on the real estate principal investments division of Bank of America Merrill Lynch Real Estate after Asia head Martin Seol tendered his resignation. He will enter non-compete and gardening leave periods before seeking a new role in real estate investment.
- Blackstone collects $10bn for real estate fund
The New York-based private equity and real estate giant has clinched an additional $4 billion in commitments since January and is expected to raise a total of $12 billion by year’s end.
- Equity Residential ups bid for Archstone
The Chicago-based REIT has been given an extended deadline of 19 April to buy the remaining 26.5 percent stake in Archstone from Bank of America and Barclays for an increased price of $1.5bn after its initial bid was shut out by Lehman Brothers.
- Blackstone buys UK industrial portfolio for $335m
The New York-based private equity giant has purchased a 3.5 million-square-foot portfolio from Prologis on behalf of BREP VII.
- James: Blackstone “will be back very soon” with another global RE fund
The New York-based private equity and real estate giant also said that Europe would be a major target for real estate opportunities in 2012.