Blackstone Inc., the world’s largest commercial property owner, said the worst is over for the global office market after a prolonged slump fueled by the pandemic.

It’s been three years since Blackstone’s last big move in Manhattan’s office market. In 2022, the company acquired a 49 percent stake in One Manhattan West from Brookfield and the Qatar Investment Authority, a deal valuing the 67-story tower at $2.85 billion.

The chief operating officer of the investment giant said high-quality assets in strong markets were being priced at attractive discounts.

Blackstone Inc. took in US$630 million from a fundraising effort that targeted wealthy Canadian investors, according to a person familiar with the matter, bringing assets in its first private equity fund for individuals to about $8.

Blackstone (NYSE:BX) is reportedly negotiating to acquire a substantial stake in a 50-story office building in New York, according to a Bloomberg report on Thursday. The current owners of the building are institutional investors who receive advice from J.

“we would be willing to buy properties out there,” Gray said in a Bloomberg interview before the firm reported its fourth quarter earnings. “Office has bottomed, particularly in stronger markets and better-quality buildings.” Gray said Blackstone ...

New York charities are always searching for the next generation of Wall Street leaders to support them. For Dream, which runs charter schools in the Bronx and East Harlem, the place to look is obvious: the fast-growing field of private credit,

Blackstone (BX) is close to an agreement to acquire 1345 Avenue of the Americas, a 50-story midtown Manhattan office tower with 1.9M square feet of space, according to a media report on Thursday.

Goldman Sachs (GS) joined a growing list of buyers picking up warehouse properties across the U.S. The bank’s alternative investment arm has purchased a portfolio of 21 industrial buildings spread across Nevada, Texas, Ohio and Pennsylvania from Blackstone (BX) for $293 million, according to Bloomberg, which first reported the news.

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Inc., the world's largest real estate investor, is close to reaching an agreement to acquire a Midtown Manhattan tower, marking its return to New York office dealmaking. According to a Bloomberg report on Thursday,

Rogers Communications Inc. beat analysts’ fourth-quarter estimates as wireless service revenue gained and subscribers bought more expensive devices.