Blackstone Real Estate Income Trust (BREIT), a publicly traded real estate investment trust affiliated with behemoth global asset manager Blackstone, and its partner LBA Logistics, secured $944 million in non-recourse financing from Bank of America, Barclays and Goldman Sachs to recap the two portfolios and facilitate BREIT’s nearly $1.6 billion acquisition of joint interests in the bundles
- Opportunistic Real Estate Fund Overview • Fund size: $13 billion target • Opportunistic strategy targeting a broad range of real estate and real estate-related investments, focused primarily on the US and Canada • Founded in 1985, Blackstone Group has total assets under management of
Blackstone Real Estate Completes Acquisition Of Premier
4 days ago . 56 people watched
Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPP Life Sciences”) has completed its previously announced acquisition of a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate …
Blackstone Selling $2.9B Australia Logistics Portfolio To
5 days ago . 58 people watched
2 hours ago · Blackstone’s sale of the Logicor portfolio in 2017 was Europe’s largest single real estate deal ever In 2017 Blackstone scored Europe’s single largest real estate deal ever when it sold the Logicor platform to CIC for €12.25 billion (then $13.82 billion).
Castellum Announces Sale Of Swedish Asset Portfolio To
2 days ago . 55 people watched
Swedish listed real estate company Castellum announced an increased share exchange and cash offer to Entra’s shareholders and the sale of a Swedish asset portfolio at a 20% premium to book value to Blackstone
On November 26, Castellum announced the intention to launch a share exchange and cash offer to eligible Entra ASA’s
Blackstone REIT To Buy 64 Million SF Industrial Portfolio
Just Now . 58 people watched
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), has agreed to purchase a 316-property, 64 million-square-foot industrial portfolio from GLP for approximately $5.3 billion, excluding closing costs
Established in Singapore, GLP is a global investment manager with $64 billion assets under management in
Stock price: BX (NYSE) 79.28 ▼ -0.37 (-0.46%)Apr 16, 7 Customer service: (212) 583-5000 Founded: 1985 Revenue: $6.102 billion (2020) Headquarters: New York City, United States CEO: Stephen A. Schwarzman (Since 1985)
About blackstone real estate portfolio
NEW YORK, December 14, 2020 – Blackstone (NYSE: BX) today announced that Blackstone Property Partners Life Sciences (“BPPLS”) will acquire a best‐in‐class, 2.3 million square foot portfolio of lab office buildings from a Brookfield Asset Management real estate fund for $3.45 billion.
Blackstone was founded in 1985 as a mergers and acquisitions firm by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers.
What companies does Blackstone Group own?
Since its inception, Blackstone has invested in such notable companies as Hilton Worldwide, Merlin Entertainments Group, Performance Food Group, EQ Office, Republic Services, AlliedBarton, United Biscuits, Freescale Semiconductor, Vivint, and Travelport.
What does Blackstone Group own?
In November 2013, Merlin Entertainments, owned in part by Blackstone Group, became a public company via an initial public offering on the London Stock Exchange. In August 2010, Blackstone announced it would buy Dynegy, an energy firm, for nearly $5 billion; however, the acquisition was terminated in November 2010. Oct 13 2019
What does Blackstone Group do?
BlackstoneGroup operates as a multinational private equity, alternative asset management and financial services firm. It specializes in the management of corporate private equity funds, real estate opportunity funds, mezzanine and senior debt funds, proprietary hedge funds, closed-end mutual funds, and investment strategies.