Tag: Blackstone

Rexford Industrial Acquires Blackstone Industrial Belongings in Blended $1 Billion Expense

Christina Lobo
Rexford Industrial Acquires Blackstone Industrial Belongings in Blended Billion Expense

Los Angeles and New York – March 28, 2024 – Rexford Industrial Realty, Inc. (“Rexford Industrial”) (NYSE: REXR), a genuine estate financial investment trust targeted on generating price by investing in and working industrial properties located in the course of infill Southern California, and Blackstone (NYSE: BX), right now announced Rexford Industrial acquired roughly 3 million sq. ft of industrial houses pursuant to individual transactions with Blackstone Actual Estate, like the Blackstone House Partners tactic as perfectly as Blackstone Real Estate Partners and Blackstone Genuine Estate Revenue Have confidence in, for an combination order rate of $1.

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UC’s $4-billion Blackstone deal will worsen housing disaster, unions say

Christina Lobo
UC’s -billion Blackstone deal will worsen housing disaster, unions say

With home values sinking, buyers rushed to withdraw cash from a true estate fund managed by non-public equity huge Blackstone previous thirty day period. But the fund quickly uncovered a savior in the Golden Condition: The University of California poured in $4 billion even as other investors fled.

University officers mentioned they thought the privately negotiated offer would deliver gains and gains for the college method, college students and workforce for yrs.

UC workers and housing advocates dispute that. They place out that the fund has been obtaining up households and flats in California and other states, which they say

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Distinctive: Blackstone to promote $400 million stake in Indian REIT Embassy, ADIA eyes expenditure

Christina Lobo
Distinctive: Blackstone to promote 0 million stake in Indian REIT Embassy, ADIA eyes expenditure

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  • Blackstone set to pare curiosity in India REIT-resources
  • Abu Dhabi’s prosperity fund eyes financial commitment in Embassy REIT
  • Blackstone $400 mln sale will mark its 3rd in Embassy
  • Block discounts on Indian exchanges established for early upcoming 7 days-sources

MUMBAI, Sept 23 (Reuters) – Blackstone Inc will promote a stake really worth up to $400 million in Embassy Business Parks REIT (EMBA.NS), India’s greatest authentic estate expenditure believe in, by using Indian stock exchange block offers, 3 resources familiar with the subject advised Reuters.

Abu Dhabi’s sovereign wealth fund, a

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