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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Blackstone says wealth funds among possible office buyers

Posted on 14 November 2012

Blackstone Group LP (BX) expects to increase sales of its property holdings in the next year, with potential buyers including real estate investment trusts and sovereign wealth funds, said Jonathan Gray, the firm’s global head of real estate.
Blackstone this year finished raising $13.3 billion for the largest-ever private-equity real estate fund. The company, based in New York, is moving to sell investments from prior funds as it invests its new pool………………………………………..Full Article: Source


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