You are here

Blackstone to launch Asia real estate fund with target of at least US$5b: sources

Tuesday, January 24, 2017 - 05:50

New York-based Blackstone intends to boost investments in assets such as warehouses and shopping malls in China, India, South-east Asia and Australia, according to a source.

Hong Kong

BLACKSTONE Group LP is readying a new Asia-focused real estate fund that aims to raise a record US$5 billion or more, betting on strong returns from property investments in the region, people familiar with the plans said.

The world's biggest alternative asset manager will

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom