Tag: Aussie mall sale

Blackstone Group calls off Aussie mall sale on Amazon fears

Blackstone Group calls off Aussie mall sale on Amazon fears

Written by on September 5, 2017 in News with 0 Comments

SYDNEY (Reuters) – Private equity giant Blackstone Group has called off the sale of its A$3.5 billion ($2.8 billion) Australian shopping mall portfolio, a source said, as the looming arrival of Amazon.com spooks buyers of bricks-and-mortar stores. With no interest in the entire 10-mall package, the cancelled sale is also the latest sign of stress […]

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