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Blackstone in US$1.7b deal to buy rental flats: report
Published Wed, Jan 21, 2015 · 09:50 PM
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Seattle
BLACKSTONE Group LP, the biggest owner of US single-family houses, agreed to buy 36 apartment properties across the country for about US$1.7 billion as it expands its rental business, according to two people with knowledge of the transaction.
The low-rise, garden-style properties are being sold by Praedium Group, a New York-based real estate in…
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