Blackstone will make its investment in the data center business from four separate strategies – real estate, infrastructure, tactical opportunities and private equity.
The £35m deal was also the Singaporean manager’s first since its inception a year ago.
Third logistics deal for investor-manager partnership comes on the back of strong interest in South Korea from Middle Eastern investors.
The transaction for the Hyatt Regency Orlando, the largest for a US hospitality asset so far this year, is a result of a disposition strategy set in 2021.
The firm’s acquisition of Quintain Developments Ireland from Lone Star for €200m follows its takeover of Intervest in May.
The central bank says valuations should reflect the current market downturn and lack of transaction activity.
The UK private pension fund has acquired 3,000 homes in the country’s largest-ever deal for shared ownership housing.
The manager is offloading 11 properties to REIT Equity Residential in separate transactions.
The manager’s open-ended Evergreen Fund contributed equity to the deal, which was financed by a Corebridge Financial loan.
Owners considering sales may want to bring assets to the market sooner rather than later, says Rasheed Hassan, head of global cross-border investment at Savills.