- Bloomberg•4 hours ago
Blackstone Group LP is considering a bid for OfficeFirst, the German landlord that holds 3.2 billion euros ($3.6 billion) of commercial properties, according to a person with knowledge of the plan.
- Reuters•7 hours ago
Buyout group Blackstone is in talks to acquire German real estate group Officefirst in a potential 3 billion euro ($3.6 billion) deal, three people familiar with the matter said. Officefirst, which comprises a portfolio of about 100 German office buildings, including the landmark Squaire at Frankfurt airport, is being auctioned off by property group IVG. IVG and its hedge fund owners hope to lock in high prices in the country's buoyant property market, and IVG will decide around mid-September whether to pursue with the listing or whether to sell the company outright, these people said.
- Market Realist•yesterday
Analysts expect a rate hike by the Fed in 2016, which could have a negative impact on highly leveraged firms such as Affiliated Managers Group.
The Blackstone Group L.P. (BX)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||27.55 x 300|
|Ask||27.63 x 200|
|Day's Range||27.45 - 27.69|
|52wk Range||22.31 - 36.04|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||58.19|
|Avg Vol (3m)||4,159,256|
|Dividend & Yield||1.44 (5.25%)|