US asset management giant Blackstone has agreed a deal to acquire commercial real estate landlord Gramercy Property Trust for about $7.6 bn (€6.4 bn) in cash.
US asset management giant Blackstone has agreed a deal to acquire commercial real estate landlord Gramercy Property Trust for about $7.6 bn (€6.4 bn) in cash.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.