Business Immo, the real estate website

Blackstone Group International LLP

Logistics 03/09/2019

“Our SIRE joint-venture will have €2bn of total firepower”

Business Immo: How did your partnership come about? Christian Bearman: Arrow Capital Partners is a private investor and operator in real estate which has backing from one (...)

Housing 30/08/2019

Blackstone, in selling mode in Spain, puts €200m home loans up for sale

US wealth management giant Blackstone remains in selling mode in Spain, putting up for sale a package of residential mortgage loans worth €200m, part (...)

Logistics 08/07/2019

UK's M7 adds five Polish office, light industrial, logistics assets for €66m

London-based M7 Real Estate has paid €66m to add five office, light industrial and logistics assets in Poland on behalf of its M7 Polish (...)

Hospitality 05/07/2019

Aroundtown pays €900m for German, Benelux assets said to be Center Parcs

Listed real estate investor Aroundtown is paying €900m for properties in Germany and Benelux said by informed sources to be Center Parcs leisure assets (...)

Housing 04/06/2019

Dutch 2019 home sales seen rising 20% to record €10bn

Based on the first five months, Dutch housing sales are likely to rise this year by 20% to a record €10bn, but rising regulation (...)

Housing 15/05/2019

€5.7bn takeover of Germany's Scout24 fails to win majority

A joint takeover bid by Blackstone and private equity firm Hellman & Friedman for Germany’s Scout24 group, valuing it at €5.7bn, has failed to (...)

Retail 14/05/2019

Spain's El Corte Inglés sets 23 May deadline for offers on €1.5bn disposals

Spain's iconic department store chain El Corte Inglés has set 23 May as the deadline for initial offers on 96 non-strategic properties disposals said to be (...)

Office 18/04/2019

UK's Grosvenor re-enters Spain office with €80m buy in Madrid

London-based private manager Grosvenor has re-entered Spain's office market after 13 years, reportedly paying €80m for a Madrid asset from US giant Blackstone. Local media (...)

Finance 12/04/2019

Berlin 1Q19 investment doubles to €2.5bn, equals five other cities combined

Three major investment deals helped more than double Berlin first quarter commercial property investment to over €2.5bn, as much as five other major German (...)

Listed 19/03/2019

Finland's biggest RE investor Kojamo grows FFO 8% to €116m after IPO

Listed housing group Kojamo is now Finland's biggest property investor. The firm, which floated in an IPO last summer, boosted FFO 8% to €116.4m in 2018, (...)

Finance 07/12/2018

JLL advises on €337m Blackstone bond finance for Värde hotel package

JLL has advised on one of the largest bond financings by an alternative real estate debt provider in Italy, a €337m financing by Blackstone (...)

Housing 06/12/2018

Blackstone said investing €134m in Danish residential

US investment giant Blackstone has paid €134m for a residential package comprising 424 housing units in Frederiksberg, a western suburb of Danish capital Copenhagen. Blackstone made (...)

Office 13/11/2018

UK's Reuben Brothers said leading bids for Spanish Santander's €3bn HQ

The British-based Reuben Brothers have made the highest offer for Spanish Santander Bank's massive Financial City HQ complex near Madrid worth over €3bn and (...)

Housing 12/11/2018

Five buyers interested in Spanish Sareb's Témpore after €149m transfer

Spain's 'bad bank' Sareb said it has five interested parties in due diligence to buy its residential REIT/SOCIMI Témpore after transferring another 1,769 rental (...)

Logistics 15/10/2018

Calvert leads Gramercy Europe MBO after Blackstone takeover

Led by CEO Alistair Calvert, European industrial sale-leaseback specialist Gramercy Europe has closed a management buyout following Blackstone’s takeover of its US parent Gramercy (...)