Brixmor Property Group Secondary Offering — Already Baked Into The Cake? There is nothing sinister about The Blackstone Group L.P. (NYSE: BX) reportedly cashing out of 17,500,000 more of its Brixmor Property Group Inc (NYSE: BRX) shares. The Blackstone Group is the largest publicly traded alternative asset manager measured by assets under management (AUM). Blackstone’s […]
GIC to buy Blackstone’s IndCor for $8.1b Singapore’s GIC Pte has agreed to buy IndCor Properties Inc from private equity firm Blackstone Group LP for $8.1 billion, both companies said.IndCor had recently planned a public listing at the same valuation, but following the deal it will no longer be pursuing a listing. IndCor owns and […]
Sept. 23 (Bloomberg) — CoreSite Realty Corp., the developer of data centers that’s owned by Carlyle Group, raised $270 million after pricing the second U.S. initial public offering of September at the middle of its forecast range. The real estate investment trust sold 16.9 million shares at $16 apiece after offering them at $15 to […]