Entering text into the input field will update the search result below

Blackstone buying London office tower from Brookfield

Jul. 28, 2014 7:08 AM ETBlackstone Inc. (BX) StockBX, BPYBy: Stephen Alpher, SA News Editor1 Comment
  • Adding to its London investments inside its "core plus strategy," Blackstone (NYSE:BX) buys  the 330K square foot building in London's financial district from Brookfield Property Partners (NYSE:BPY) for $543M.
  • For Brookfield, the proceeds will be reinvested into its City development program.
  • It's a seller's market in London, with rents in the best office buildings up 9% last year and expected to rise a similar amount in 2014.

Recommended For You

About BX Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
BX--
Blackstone Inc.