Blackstone abandons plans to offload former FCA HQ in latest blow for Canary Wharf Property Private equity firm Blackstone has abandoned plans to sell a 15-storey building in Canary Wharf in the latest signal that confidence in the east London financial district is dwindling.
Blackstone embarks on mega-merge of two warehouse landlords Investing Blackstone took over St Mowden and Industrials REIT in 2021 and 2023 respectively, delisting them from the London Stock Exchange.
Boost for Britain as businesses commit to invest £30bn in UK UK Politics Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain, the government has announced ahead of a major investment summit taking place today.
Blackstone boss Steve Schwarzman to speak at London investment summit October 30, 2023 Blackstone's top honcho, Steve Schwarzman, is reportedly set to take the stage at the UK government's Global Investment Summit.
Wall Street chief: Remote workers ‘don’t work as hard’ as hybrid tide turns October 25, 2023 Goldman Sachs' chief executive, David Solomon, previously described remote working as an "aberration" that needed to be corrected "as soon as possible".
The City sees the Tories as a ‘bigger risk to business’, says Reynolds October 8, 2023 The Conservative Party is seen by many people in the City “as the bigger risk to the business community”, Labour’s Jonathan Reynolds told City A.M.
Center Parcs: £4bn deal back in spotlight as frontrunners for British resorts firm bail July 5, 2023 The £4bn deal to buy British holiday resorts firm Center Parcs is back in the spotlight after two frontrunners for sale have reportedly dropped out of the race. Its Canadian owners, Brookfield, put the six strong holiday village up for sale in May, with the sale sparking interest from a flurry of private investment firms [...]
Blackstone backs London with new Mayfair base October 8, 2022 Blackstone will build its new European headquarters in London at its Mayfair base, in a fresh boost for the for the capital.
Exclusive: Blackstone founder Steve Schwarzman picks up Wiltshire country pad for cool £80m September 27, 2022 If you have ever driven through the countryside and imagined living in a 17th century estate, you’re not alone. Steve Schwarzman, the founder and chief executive of Blackstone, has bought Conholt Park, a country house with around 2500 acres of sprawling grounds and a series of cottages fashioned from the remains of an 18th century [...]
Bourne Leisure founders on cusp of £300m Butlin’s buy back August 14, 2022 The family behind one of the UK’s biggest leisure empires is on the cusp of taking back control of Butlin's in a £300m-plus mega deal.