Blackstone offers $346.8m to acquire ASX-listed Astro Japan Property

Blackstone offers $346.8m to acquire ASX-listed Astro Japan Property

Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan. Photographer: Kiyoshi Ota/Bloomberg

Private equity firm Blackstone has proposed to acquire ASX-listed Astro Japan Property for $346.8 million (AUD 436 million), a price that values latter’s retail office and residential properties at $875.2 million (AUD1.1 billion).

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