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Blackstone buys BioMed Realty Trust for US$8b

BioMed provides office space to life sciences industry, posts US$675m revenue for 2014

Published Fri, Oct 9, 2015 · 09:50 PM
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New York

THE Blackstone Group said on Thursday that it had agreed to acquire BioMed Realty Trust, a provider of office space to the life science industry, in a deal valued at US$8 billion, including debt.

Under the terms of the transaction, affiliates of Blackstone Real Estate Partners VIII would pay US$23.75 a sh…

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