In today’s review of real estate and investment news from around the region, the Bank of Japan holds rates steady as rising oil prices from the Iran conflict cloud its inflation outlook, Blackstone nears a final close on its latest Asia… Read More>>
Blackstone’s Global Real Estate Portfolio Grew 17% in 2022 to $326B
Blackstone’s opportunistic and core-plus real estate funds grew in value by 7.1 percent and 10.3 percent in 2022, as the world’s largest property fund manager continues to see “a lot of growth” ahead for its investments in Asia.
Despite this… Read More>>
Blackstone Raised $1.1B for Third Asia Real Estate Fund Amid ‘Challenging’ First Quarter
Blackstone on Thursday said it secured $1.1 billion in capital commitments for its third Asian opportunistic real estate fund in the first quarter, as a focus on hard assets helped the private equity giant weather what it called “an extremely… Read More>>
Blackstone Asia Fund Reaches $6.38B With Florida Pension Boost
Private equity giant Blackstone secured a $100 million commitment for its third Asia property fund from the state of Florida in the fourth quarter of 2021, part of nearly $2.4 billion in fresh commitments to the vehicle during the period.
LaSalle, Blackstone Funds Get $300M in Capital From Illinois TRS
Asia real estate funds managed by LaSalle Investment Management and Blackstone have obtained $300 million in fresh commitments from a major US pension fund manager as US institutions continue to turn to Asian real estate strategies to meet their commitments… Read More>>