Robin Marriott
Fresh from its $39 billion take-private of Equity Office Properties, Blackstone becomes the world’s second largest operator of tourist attractions and theme parks with a £1 billion deal to buy The Tussauds Group.
The London-based firm has closed its largest fund so far after receiving commitments of nearly €900 million from a range of US and European investors.
Fresh from its $39 billion take-private of Equity Office Properties, Blackstone becomes the world’s second largest operator of tourist attractions and theme parks with a £1 billion deal to buy The Tussauds Group.
The London-based firm has closed its largest fund so far after receiving commitments of nearly €900 million from a range of US and European investors.
US buyout firm GI Partners has backed a £440 million secondary buyout of Park Resorts, a UK mobile home park operator owned by ABN AMRO Capital.
Fresh from its $39bn take-private of US Reit, Equity Office Properties, Blackstone becomes the world’s second largest operator of tourist attractions and theme parks with its acquisition of the famous Tussauds waxwork museum group.
The UK private equity real estate firm is making almost six times its equity investment on the sale of a German property to the real estate firm founded by former Irish tax inspector Derek Quinlan.
The US private equity fund has added another attraction to its burgeoning European-focused portfolio, which it has built up through Merlin Entertainments.
The global real estate investment manager has bought a minority stake in the ports business of private UK property group Peel Holdings in the latest example of infrastructure luring property investors.
The London-based real estate firm has appointed a former Lehman Brothers’ director to spearhead investment in Italy.