Blackstone's higher $427 mln offer for London's 'Can of Ham' tower rejected, source says
The owner of London's landmark "Can of Ham" building has rejected a higher offer from Blackstone of about 330 million pounds ($426.92 million) for the property, with Nuveen betting on an improving appetite for European real estate assets, a source close to the matter said.
Warehouse REIT to Recommend Blackstone's $630.3 Million Offer if Formal Proposal Made
Warehouse REIT said it would recommend Blackstone Europe's proposed 489 million pound ($630.3 million) takeover to shareholders if a formal offer was made.
UK's Warehouse REIT could back Blackstone's $632 million bid in case of a firm offer
UK's Warehouse REIT said on Thursday it "would be minded" to recommend Blackstone's 489 million-pound ($631.5 million) final all-cash takeover proposal if the asset manager comes up with a firm offer.
Hillhouse hires Japan co-heads for real estate investment arm from Blackstone, source says
Hillhouse Investment has hired co-heads for its Japan real estate investment business, a source familiar with the matter said, as it bulks up its operations there.
UK's Warehouse REIT evaluates Blackstone's $633 million takeover proposal
UK's Warehouse REIT said on Tuesday it was evaluating a final indicative all-cash takeover proposal from Blackstone Europe LLP, which values the warehousing specialist at about 489 million pounds ($633.2 million).
Blackstone Secured Lending: Best-Of-Class Premium BDC
Blackstone Secured Lending Fund offers dividend safety and high credit quality, making it an excellent choice for passive income investors seeking stability and predictability. The BDC's focus on First Liens and floating-rate investments ensures high principal protection and impressive credit quality, justifying its 19% premium to NAV. Despite rising operating expenses, BXSL maintains a rock-solid 8% yield with a well-covered dividend, reflecting its strong financial health and sustainable payout ratio.
Blackstone: Much More Attractive Now (Rating Upgrade)
Blackstone Inc.'s shares have pulled back, making it more attractive for long-term investors, with improving profitability and healthy operational growth. Declining interest rates are boosting demand for alternative investments, benefiting Blackstone's inflows and overall performance. Blackstone's robust fee-related revenue growth and significant profit increase in 2024 highlight its strong operating performance and potential for continued earnings growth.
Blackstone Secured Lending: One Of The Best BDCs For What Could Be Coming (Rating Downgrade)
Blackstone Secured Lending remains a top BDC due to strong liquidity, larger borrowers, and high first-lien loan exposure, despite economic uncertainty. BXSL's solid fundamentals include consistent $1 billion+ investments, low non-accrual rates, and strong NAV growth, but lower base rates impact net investment income. Valuation is high with a P/NAV ratio of 1.19x, suggesting limited upside; a better entry point may be near or below $30.
Why Blackstone Stock Blasted Higher Today
Shares of sprawling alternative investment management company Blackstone (BX 4.80%) rose Monday on news of an analyst's recommendation upgrade. The move pushed Blackstone's stock price nearly 5% higher, a rate that was well above the 0.6% gain of the S&P 500 (^GSPC 0.64%) on the day.
3 Top Dividend Stocks I Just Bought as the Stock Market Corrected
Stock market corrections (a decline of 10% or more from the recent high) can be a gift to dividend-seeking investors. As stock prices fall, dividend yields rise, enabling investors to lock in higher yields on many top dividend stocks.
Blackstone to buy 40% stake in India's Kolte-Patil Developers for $134 million
U.S. investment firm Blackstone will purchase a 40% stake in Indian real estate developer Kolte-Patil Developers in a deal worth 11.67 billion rupees ($134 million), the latter said on Thursday.
Blackstone Secured Lending: Best-Of-Breed BDC With A 9% Yield
Blackstone Secured Lending is a top BDC choice due to its strong balance sheet, robust net funding trend, and reliable dividend coverage. Blackstone Secured Lending's non-accrual percentage remained exemplary in the fourth quarter. BXSL trades at a 21% premium to net asset value, reflecting its high-quality balance sheet and strong financial performance.
