Tag: Blackstone

Blackstone hauls in $20.5 bn for largest global real estate fund

Blackstone Group Inc. has raised $20.5 billion for the largest global real estate fund, as the world’s biggest manager of alternative assets refills its coffers to make property investments. The New York-listed firm said in a statement that the new fund, named Blackstone Real Estate Partners…

Blackstone to buy GLP’s US warehouse assets in largest real estate PE deal

Blackstone Group LP is buying U.S. industrial warehouse assets from Singapore-based logistics provider GLP for $18.7 billion, in what the companies said was the largest private real estate transaction. Blackstone, the world’s largest manager of alternative assets, said on Sunday the overall transaction totaled 179 million…