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Wednesday, February 26, 2020

Blackstone pays record £4.7bn for student housing firm iQ

Goldman Sachs and Wellcome offload iQ in UK’s largest-ever private property deal

Blackstone has struck the largest-ever private property deal in the UK by agreeing to acquire the UK student accommodation firm iQ in a £4.7bn deal.

The New York-based private equity firm is buying iQ from the US investment bank Goldman Sachs and the health research charity Wellcome Trust.

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from Property | The Guardian https://ift.tt/32w1qZa
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