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Blackstone steps up property deals in Asia

Maturing funds are selling assets; banks scaling back real estate businesses
Thu, Dec 12, 2013 - 6:00 AM

[HONG KONG] Blackstone Group LP, which has put US$1 billion of equity this year into Asian real estate, says it's poised for more deals in the region as maturing funds sell assets and banks retreat amid new regulations.

"As the competition has receded, the investment landscape has become...

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