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Blackstone

Listed 06/05/2019

Greek billionaire Economou becomes 2nd largest shareholder in Germany’s TLG

Greek shipping billionaire George Economou has become the second largest shareholder in Germany's TLG Immobilien after buying nearly 8% from Swiss M&A boutique Bedrock. According (...)

Listed 22/01/2019

Ouram requests TLG extraordinary meeting to change supervisory board

Ouram Holding, the senior minority shareholder in Berlin’s listed real estate firm TLG, has requested an extraordinary shareholder meeting to make major changes to (...)

Office 03/07/2018

German Real I.S. Hamburg Sumatrakontor buy said at €180m

Munich-based Real I.S., the fund manager of the BayernLB group, paid around €180m to acquire the Sumatrakontor office block in Hamburg’s HafenCity, according to German media. Real (...)

Logistics 29/06/2018

Blackstone adds French logistics via Gramercy, one day after buying in Germany

Just one day after adding five logistics properties in Germany, US giant Blackstone is adding seven in France for €175m via Gramercy Europe, part of US REIT (...)

Logistics 28/06/2018

Blackstone confirms purchase of five German logistics assets

US investment management giant Blackstone has confirmed that it was the buyer of a five-asset German logistics portfolio reported by the seller Prologis, totalling 157,645 sqm. A spokesman (...)

Listed 22/06/2018

Spanish REIT Hispania’s board approves increased Blackstone takeover bid

Spain's hotels-focused REIT/SOCIMI Hispania said its board has approved the takeover bid made by US wealth giant Blackstone after the latter raised its offer to €18.25 per share (...)

Finance 19/06/2018

Aided by consolidation, global property fund AUM rises 22% to average €16.7bn

Primarily due to rapid growth of big managers, aided by a trend to consolidation, average assets managed by global property funds last year rose (...)

Logistics 18/06/2018

Blackstone said in final stage of buying €90m logistics assets from Spain's Lar

US investment management giant Blackstone, in the middle of a takeover bid for Spain's Hispania, is finalising acquisition of a Spanish logistics portfolio owned by another (...)

Listed 13/06/2018

Blackstone's Hispania approval moves Spanish tax income offshore - El Confidencial

The Spanish financial regulator CNMV has approved the takeover bid by Blackstone for hotels REIT Hispania. If successful, the firm will be taken private and all profits will move (...)

Hospitality 12/06/2018

Amid Spain's hotel boom, Blackstone will do what it takes to buy Hispania

With Spanish tourism booming and no fewer than 173 new hotel openings forecast in the next four years, US giant Blackstone will likely do what it (...)

Hospitality 22/05/2018

NYSE's Park in €297m Berlin Hilton sale as Blackstone checks out too

NYSE-listed REIT Park Hotels & Resorts has closed the €297m sale of the 601-room Hilton Berlin. The move came as US wealth manager Blackstone also sold its last (...)

Listed 18/05/2018

German Patrizia shares surge after 1Q income rises fourfold

Shares in German listed real estate group Patrizia surged by over 11% on Thursday following news that its first quarter operating income quadrupled to nearly €43m (...)

Office 18/05/2018

Blackstone's Munich Arabella Bogen office buy said at €170m

US wealth management giant Blackstone and Frankfurt-based alternative investment manager Quincap have together acquired the 44,000 sqm Arabella Bogen office building in Munich for a price (...)

Listed 11/05/2018

Spain's manager Azora postpones IPO after Blackstone Hispania bid

Spanish real estate manager Azora Altus, which created and manages the REIT/SOCIMI Hispania, is postponing its own IPO in light of uncertainty created by Blackstone's (...)

Logistics 11/05/2018

Blackstone's $7.6bn Gramercy takeover includes European unit

Giant US-based manager Blackstone is acquiring US REIT Gramercy Property Trust in a deal valued at €6.4bn ($7.6bn) that includes Gramercy Europe, a London-based (...)

Housing 09/05/2018

Blackstone adds 2,500 Berlin residential units from local managers

US investment management Blackstone has added 2,500 residential units in central Berlin to its portfolio of over 100,000 units spanning Germany, Spain, Sweden and (...)

Listed 02/05/2018

Spain's Hispania manager Azora, aiming at €8bn AUM, launches own IPO

Spanish real estate manager Azora Altus, which created and manages the REIT Hispania, is to issue 47m new shares to raise around €500m in its own (...)

Finance 02/05/2018

Euro CRE investment slows sharply in first quarter after record 4Q - RCA

Investment in European commercial real estate slowed sharply in the first three months of 2018 after a record fourth quarter as investors reassessed pricing (...)

Listed 16/04/2018

Spanish REIT Hispania to seek alternative buyer to Blackstone

Spanish REIT/SOCIMI Hispania said Monday it will to seek an alternative buyer to maximise value, and that a takeover bid by Blackstone subsidiary Alzette earlier this month following (...)

Finance 16/04/2018

Japan capital entering euro real estate not for the cycle but the longer term

The entry of GPIF, Japan Post and other giant Tokyo institutions to European property is happening but may take longer if managers reject inital fee (...)