Asia Real Estate News: Exclusive: Blackstone readies new Asia real estate fund of at least $5 billion: sources

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange

Blackstone Group LP (BX.N) is readying a new Asia-focused real estate fund that aims to raise a record $5 billion or more, betting on strong returns from property investments in the region, people familiar with the plans told Reuters.

Read more on: www.reuters.com

Source : Asia Real Estate News: Exclusive: Blackstone readies new Asia real estate fund of at least $5 billion: sources