Sarah Mulholland

Blackstone to acquire Gramercy Property in $7.6b deal

Blackstone, the world’s biggest private equity owner of real estate, is making a big bet on industrial real estate.


Chinese investment in US real estate sector drops as regulators tighten norms

Chinese companies bought just $3.4 billion of properties in 2017, a 54 percent decline from the prior year.


Brookfield Property to buy remaining stake in mall owner GGP for $9.25b

The real estate unit of Brookfield Asset Management is pouncing as shares of mall companies take a beating with e-commerce putting a squeeze on brick-and-mortar retailers.


Blackstone said to be selling NYC skyscraper for $640m

The transaction provides a benchmark for Manhattan property investors in a sluggish market and may be a sign of relief after two consecutive years of declining activity.


China’s HNA Group looks to sell US properties worth $4b to stave off debt

HNA had amassed $190 billion of assets and had $29.3 billion of short-term debt as of the end of June — more than its cash and earnings can cover.


Blackstone said to reach $1.1b deal for Maui resort with Singapore’s GIC

The transaction would be the second-largest deal for a single hotel in the U.S.


Singapore’s GLP strikes third major US deal, to buy warehouses for $1.1b from Hillwood

GLP has been pushing deeper into US industrial real estate, including last year’s purchase of more than 200 warehouses from Industrial Income Trust Inc.


Tishman partners Lenovo on $1.35b South China real estate development

Tishman Speyer is teaming with Lenovo Group Ltd., the world’s biggest personal-computer maker, on a $1.35 billion real estate project in Shenzhen, China, marking the developer’s first foray into the country’s southern region.