Transactions - JULY 7, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

The Blackstone Group buys more

by Andrea Waitrovich

A week after The Blackstone Group announced several acquisitions, totaling $1.95 billion in sales price, the firm completed another two acquisitions for its global portfolio.

The Carlyle Group announced on July 4th completed the sale of the Alban Gate office building in the City of London  to Blackstone for £300 million ($513 million).  IREN reported the planned acquisition in April.

Alban Gate is located on London Wall in the heart of the city, comprising 382,000 square feet of office space and more than 22 floors. Since Carlyle acquired the property it has been fully let to J.P. Morgan, which undertook

Forgot your username or password?