Mar 24, 03:48 PM

Blackstone Sells Market Square for $323M, Plans £1.5bn Sale of The Office Group

Blackstone, with $65B in dry powder, has been active in the real estate market. It sold Market Square in DC for $323M, below its $595M valuation. Additionally, Blackstone plans to sell The Office Group for £1.5bn. The company faced criticism for overvaluing its assets.

#Blackstone #Market Square #DC #The Office Group

Written with ChatGPT (GPT-3).

Sources

Neil Saunders@NeilRetail
2 years ago
🇬🇧 Whitbread plots sale of underperforming restaurant and pub sites https://t.co/LGH3CQIGUi
Neil Saunders@NeilRetail
2 years ago
🇬🇧 Gail's owners plot to put posh coffee shop on the market https://t.co/M8h4XsZYn3
@amuse@amuse
2 years ago
Shock: Blackstone valued its building at more than $595M. They just sold it for $323M. Will Democrats charge them with fraud for over valuing it? https://t.co/e8UNYNtgD4 https://t.co/pULDdgFPjk

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Blackstone Sells Market Square for $323M, Plans £1.5bn Sale of The Office Group

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