In a monumental move, OYO is set to acquire G6 Hospitality, the parent company of Motel 6 and Studio 6, from Blackstone Real Estate in a $525 million all-cash deal. This acquisition, expected to close in late 2024, will significantly bolster OYO’s presence in the U.S. market, a region where the company has seen steady […]
Blackstone Real Estate, through funds managed by Blackstone, has successfully completed the acquisition of Village Hotels, a prominent UK-based hotel owner, operator, and developer, from affiliates of KSL Capital Partners, a leading investor in the travel and leisure sectors. This acquisition sees Blackstone taking over 33 strategically placed assets across large regional cities and suburban […]
US private equity firm Blackstone said that its Core+ Real Estate strategy in Asia will acquire Singaporean wealth fund GIC’s stake of 49% in the Dexus Australia Logistics Trust for AUD 2.1 billion ($1.5 billion). The remaining 51% stake in Dexus Australia Logistics Trust will be held by Dexus, an Australian real estate investment trust […]