Blackstone named No.1 buyer in Asia Pacific
Cross-border institutional purchases have been one of the most resilient sources of capital in Asia Pacific in the first half of 2020, according to Real Capital Analytics. The volume of acquisitions by cross-border investors fell by 14 percent year-over-year, as compared with declines of around a half for listed and private entities.
Blackstone retained the number 1 spot for the first half of 2020, having sat at the top for three of the past four years. However, GIC looks poised to overtake it in the second half of 2020 with some large deals in the pipeline, including purchases of a Beijing office tower (together with AEW), and logistics facilities and data centers across China and Japan.
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