Blackstone
Blackstone eyes US$2.6 billion of debt to finance power merger
Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power grids
Trump’s bid to block corporate homebuying blindsides Wall Street
Most of the major institutional landlords have sharply curtailed purchases since the middle of 2022
Blackstone buys island resort in Australia’s Great Barrier Reef
The deal, pending regulatory approval, would end more than two decades of ownership by Australia’s Oatley family
Blackstone funds Warehouse Reit buyout with commercial mortgage-backed securitisation debt deal
The deal lifts volumes in the CMBS asset class to a European record this year
Blackstone extends bet on grocery stores in Texas property deal
The firm is paying US$440 million for a portfolio that includes properties in Dallas, Houston and San Antonio
Blackstone venture to buy Hawaii property owner for US$1.5 billion
A&B owns roughly four million square feet of commercial real estate
Blackstone sells US$800 million stake in Las Vegas strip resorts
The deal is expected to close on Dec 9
Singapore court clears way for US$2.7 billion suit against StanChart in 1MDB scandal-linked claim
Claims involve an alleged US$150 million deposit to Najib Razak and US$77 million for his wife Rosmah Mansor’s bags and jewellery
CDL sells Osaka hotel to Blackstone-managed real estate funds for 14 billion yen
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts
ABN Amro to buy NIBC Bank from Blackstone for 960 million euros
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing
