Blackstone Group L.P. Aktie News

Blackstone's Results Confirm Apollo Is A Better Alternative

Private equity firm KKR has agreed to buy a portfolio of 19 student housing properties from Blackstone Real Estate Income Trust for about $1.64 billion, the companies said on Thursday.

Global stock indices continued an upward trend in March, with both U.S. and non-U.S. stocks rising by 3%.

NEW YORK--(BUSINESS WIRE)--KKR and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion. The over 10,000-bed portfolio is comprised of 19 purpose-built, premium student housing assets anchored to 14 leading four-year publ...

Hipgnosis Songs Fund has found itself at the center of a private-equity fuelled bidding war between Blackstone and Apollo-backed Concord Music Group following the Nashville music producer's new offer to pay $1.5 billion for the London-listed music investor.

Public and private real estate investments are fairly similar in terms of property acquisitions and asset selection. Publicly traded REITs tend to select higher quality assets and have higher occupancy rates compared to private equity real estate. The cost structures and fees associated with public and private real estate investments vary, with exchange-traded REITs offering a more cost-effecti...

Hipgnosis Songs Fund Limited (LSE:SONG) agreed a new, higher offer from Nashville record company group Concord of US$1.25 a share, announced yesterday evening.  Directors of the two companies said they had reached agreement on the terms of the increased cash offer, unanimously recommended by the Hipgnosis board.

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced the appointment of Dan Leiter as Head of International for Blackstone Credit and Insurance (BXCI). In this role, reporting to Gilles Dellaert, Global Head of BXCI, Mr. Leiter will lead the activity and expansion of BXCI in EMEA and APAC. Additionally, Michael Carruthers is appointed as European Head of Private Credit, reporting to ...