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Blackstone to buy apartments from Greystar for US$2b

With this deal for 32 properties with 10,399 units, the world's largest private equity firm will control 57,000 units in the US

New York

BLACKSTONE Group has agreed to buy 32 multi-family properties for about US$2 billion from Greystar Real Estate Partners as the private equity giant expands its push into the United States apartment market.

The buildings, with a total of 10,399 units, are spread throughout...

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