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Showing 31 - 40 of 90 results for "Blackstone"

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... billion or 6% on prior book values for the six months to 30 June 2023. However, after months of withdrawal limits, Blackstone shared some positive news and said June was the lowest month of repurchase requests so far this year. "In June 2023, BREIT received ...

SWFs double in size, eye alternatives

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2023
... in growth funds," Preqin said. "In private equity, SWFs typically partner with global firms like Carlyle Group, EQT, Blackstone Group, and BlackRock, and invest in relatively mature markets in North America and Europe." Commenting on the report's findings ...

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
... redemption requests in March. During a month of "tremendous market volatility" and "broad-based financial stress," Blackstone said BREIT received requests of US$4.5 billion and fulfilled approximately US$666 million, which represents 15% of the shares ...

KKR halts REIT withdrawals

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
... requests. The halt strengthens views that REITs are in hot water following last month's withdrawal restrictions from Blackstone and Starwood Capital. KKR explained this month it received redemption requests greater than 5% of its net asset value ...

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
Blackstone is limiting withdrawals from its US$125 billion real estate income trust (REIT) after a sharp rise in redemption requests. The global investor said the REIT received repurchase requests exceeding both the 2% of net asset value (NAV) monthly ...

Blackstone invests US$400m in ESG commodity exchange

CHLOE WALKER  |  THURSDAY, 7 JUL 2022
... transition across renewable energy, digital fuels, and beyond. We're absolutely thrilled with the partnership," he said. Blackstone Energy Partners global head David Foley said: "As a leading private equity investor in the dynamic energy transition ...

Blackstone one step closer on Crown deal

ANDREW MCKEAN  |  FRIDAY, 10 JUN 2022
The NSW Independent Liquor and Gaming Authority has affirmed Blackstone's suitability to hold a casino license in NSW. This latest regulatory approval paves the way for the private equity manager to become the operator of the Crown Sydney casino. Blackstone ...

ISPT selects new chief executive

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
... will be a smooth transition between Browning and Chapple. Chapple currently leads 151 Property Group which manages Blackstone's real estate interests in Australia and New Zealand, a role he's held for six years. He brings more than 25 years' experience ...

La Trobe takeover confirmed

CHLOE WALKER  |  MONDAY, 21 MAR 2022
... contingent payment tied to the business achieving certain performance milestones. La Trobe Financial is currently owned by Blackstone, which owns 80%, and president and chief executive Greg O'Neill who is also selling his 20% stake. According to the ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... higher than Crown's share price of $9.90 in mid-November, the day before it received an acquisition proposal from Blackstone pitched at $12.50 a share. Crown chief executive Steve McCann described it as a "compelling offer". "The agreement with Blackstone ...