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  • News & Insights
Blackstone looks to list retail properties REIT valued at over $2bn

Blackstone looks to list retail properties REIT valued at over $2bn

by Sebastian | Dec 22, 2021 | News

Blackstone Group is reportedly planning to list India’s first retail properties-centred real estate investment trust (REIT) valued at about $2.2-2.5bn. The US-based private equity firm is planning to list the proposed REIT by mid-2022 after integrating and preparing...
Real Estate PE Firm Rockpoint Teams Up With BEB on $1bn Logistics Venture

Real Estate PE Firm Rockpoint Teams Up With BEB on $1bn Logistics Venture

by Sebastian | Dec 22, 2021 | News

Real estate private equity firm Rockpoint Group formed a joint venture with BEB Capital to invest as much as $1bn in U.S. industrial properties. The partners will focus on the Northeast, particularly Long Island, New York, where BEB is based. The venture already has...
Atlanta Hawks valued at $2bn as Dyal closes in on minority stake

Atlanta Hawks valued at $2bn as Dyal closes in on minority stake

by Sebastian | Dec 22, 2021 | News

The National Basketball Association’s (NBA) Atlanta Hawks are close to offloading a minority stake to US private equity firm Dyal HomeCourt Partners, according to Sportico. While it is unclear how big Dyal’s share would be, the sports business outlet reports that the...
Embraer’s Air Mobility Unit Agrees to $2.4 Billion SPAC Deal

Embraer’s Air Mobility Unit Agrees to $2.4 Billion SPAC Deal

by Sebastian | Dec 22, 2021 | News

Embraer SA’s Eve Urban Air Mobility unit will merge with Zanite Acquisition Corp. next year, the latest in a string of deals as flying-taxi startups seek capital from public markets. The transaction announced Tuesday includes $237 million in cash from Zanite, a...
Columbus-based Hexion to be acquired by New York PE American Securities

Columbus-based Hexion to be acquired by New York PE American Securities

by Sebastian | Dec 22, 2021 | News

The Columbus-based chemical company Hexion Holdings has agreed to be acquired by the New York private equity firm American Securities. American Securities will pay $30 a share for Hexion. The company did not say how many shares were outstanding, or the total value of...
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