Tuesday, October 1, 2019

Blackstone to acquire US logistics assets from Colony Capital for $5.9 billion

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Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has $154 billion of investor capital under management. Blackstone is one of the largest property owners in the world, owning and operating assets across every major geography and sector, including logistics, multifamily and single family housing, office, hospitality and retail. Logistics

Sep 30, 2019: Blackstone Group Inc has announced its plans to buy US industrial warehouses from real estate and investment management firm Colony Capital Inc in a $5.9 billion deal, to capitalise on the e-commerce boom.The Colony Industrial last-mile light industrial portfolio represents the substantial majority of the total transaction and comprises app

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