Blackstone offers 200 million euros to finance UK Rail Arch deal

Unlock the editor’s digestion free

FT editor Roula Khalaf, chooses his favorite stories in this weekly newsletter.

Blackstone Group has offered a warranty to attract a large cash infusion in a very restricted property fund between heavy recovery requirements between heavy redeeming requirements in less than three years.

In March, the Securities and People who met securities and issues of securities and people in Europe were guaranteed to $ 1 billion euros worth 1 billion euros worth 1 billion euros.

Adjustment is similar to a controversial agreement University of California To manage the retention flood in 2022.

New York-based special capital giant promises promises to return the annual return of the annual return of 200 million euros to the income fund of the European property, which are laid in the income fund of the European property and in recent years, and in recent years are limited in recent years in recent years.

Cash has been used to get 50 percentage share in 5000 England rail arches The TT group gives 630 million and world’s largest private capital group in London’s brick arches under railway lines. Blackstone and TT group received features of £ 1.5 billion from the National Railway in 2019.

Blackstone has promised an unusual return, because in Europe’s evergreen funds, according to people, these evergreen funds make low investment.

However, Blackstone is worth a special promotion that provides less than the price of the railway paid for 50 percent other than the other 50 percent of the railroad, the issue informed about the issue.

1BN Investment is a $ 300 mn cash card, which has BELPIF assets with net assets, a new investment, to obtain new investments, a fund that has become a recipient in the non-believer

“This operation, which benefits all shareholders, in an opportunity to benefit all shareholders in an opportunity to benefit all shareholders in an opportunity to benefit all shareholders, this operation combines this operation in an attractive assessment.

Blackstone recently raised 9.8 billion euros for the flagship European Institutional Property Foundation.

However, the transaction only is subject to risk and courts by providing special incentives to some investors.

This is like a large, controversial $ 4.5 billion University of California Three years ago, Blackstone real estate income confidence, Breit, purchase wave to inflict a crisis in the most flagship.

In this agreement, Blackstone has pledged $ 1.1 billion Wide Shares on the promise of the Fund’s return to January 11.25 January 11.25.

Many watchers of Blackstone and property funds criticized the deal as an unusual conditions for a single investor. There is no presence that supports Breit’s return returns.

However, the contract believes that in the 40-year history of Blackstone manages one of the biggest crises.

UC investment, Breit has almost disappeared, and the stock has no restrictions on investors who want to exit. Blackstone also gathered regular management fees for UC’s investment.

However, Breit’s performance, almost put the tail after a big profit. In 2023, he lost money and sent only 1.95 percent in 2024 percent, although it has brought 9.4 percent annual income since 2017.

This ended that the risk of Blackstone to end Breit shares to the end.

As of March 31, Blackstone wrote $ 1 billion in accordance with securities documents. If the Breit’s returns improved in the coming years, the accounting signals may be forced to hand over all the assets that have returned to the end of this promise to the end.