Any analysts still agog over WeWork’s $20 billion valuation may need to seek professional help if the shared office superstar achieves its goal of a $40 billion valuation as it discusses a new round of funding led by Softbank. Meanwhile,… Read More>>
Blackstone Bags $7.1B for Biggest-Ever Asian Real Estate Fund
US private equity firm Blackstone Group has forged the largest-ever fund dedicated to property investments in Asia by holding a final close on Blackstone Real Estate Partners Asia II (BREP II), at around $7.1 billion of capital commitments.
Blackstone’s second… Read More>>
Blackstone Wins $300M Commitment to Latest Fund and More Asia Real Estate Headlines
At the top of today’s headlines, the state famous for the Black Hills has turned to Blackstone to invest $300 million of its pensions in Asian property assets. Also in the news, Wanda is asking for six months time to… Read More>>
TH Real Estate, Future Fund Sell NYC Tower to Japan’s Unizo and More Asia Real Estate Headlines
Japan pops to the top of today’s real estate headlines as TH Real Estate and Australia’s Future Fund jointly sell off a Manhattan tower to a Japanese buyer. Also in the news, a Chinese government program to subsidize housing is… Read More>>
Blackstone Passes $5B Mark for Latest Asia Real Estate Fund and More Asia Real Estate Headlines
America’s biggest landlord leads Asia’s real estate news today, as a report reveals that Blackstone has already raised $5 billion for its latest real estate fund in the region. Also getting some attention is the ongoing collective sale fever in… Read More>>