Blackstone has agreed to sell its entire Fidere residential rental portfolio in Spain to Brookfield Asset Management for about $1.4 billion (1.2 billion euros). The portfolio includes around 5,000 units across 47 buildings in Madrid, making it the largest multifamily transaction in Spain since the 2007–2009 financial crisis, excluding Blackstone's acquisition of Testa Homes. This deal highlights Blackstone's strategic asset reallocation amid ongoing investments, including its recent acquisition of the Royal Challengers Bengaluru cricket franchise. Investors will watch Blackstone's upcoming earnings report on April 16, 2026, for further insights into its financial outlook.
Anthropic has launched Ode, a $1.5 billion AI implementation company formed through a joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and others. Ode builds on the acquisition of Fractional AI, focusing on deploying elite AI enginee...
Williams Companies secured a $5.34 billion investment from Blackstone for AI-driven Power Innovation projects, reducing its capital needs while retaining 51% ownership. CIBC adjusted its price target to $83, suggesting potential stock price upside fr...
Blackstone Inc. is viewed as a high-quality asset manager trading at a discounted valuation with a 3.8% dividend yield. The company benefits from favorable industry trends like rising inflation, global wealth growth, demographic changes, and AI infra...
