You are here

Blackstone said to be in talks to buy Sime Darby's Australian assets

Discussions involve industrial buildings valued at A$250 million

Singapore

BLACKSTONE Group LP is in talks to acquire industrial property assets in Australia valued at about A$250 million (S$253.6 million) from Malaysian palm-oil producer Sime Darby Bhd, according to people familiar with the matter.  

The New York-based private equity firm is in