Private equity giant Blackstone (BX.N), opens new tab announced on Tuesday it had sold 3,000 shared-ownership homes to Britain’s biggest private pension fund, in a sign of growing dealmaking by big money managers in the UK housing sector.
Blackstone sold the portfolio to academia pension fund, the Universities Superannuation Scheme (USS), which manages more than 75 billion pounds ($96 billion) of assets, in a deal worth 405 million pounds ($519 million).
Source: REUTER
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