Blackstone Buys Sydney Offices in Firm's Biggest Australia Deal
Blackstone Group LP has struck its biggest deal in Australia, agreeing to buy A$1.52 billion ($1.06 billion) of offices in the central business district. The transaction comes after New York-based Blackstone last year lost out to Ontario Municipal Employees Retirement System’s real-estate unit in a A$3.35 billion bidding war for Australia’s Investa Office Fund.
Tags : INTERNATIONAL