Tag: Blackstone

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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