The world's largest owner of hotel rooms wants to unload some real estate
Skift Take
Although Blackstone is only publicly speaking about commercial real estate now, it's hard to imagine that the private-equity giant won't look to unload a few of its 185,000 rooms -- or even the Hilton chain itself.
Private-equity firm Blackstone Group LP is preparing to unload its portfolio of U.S. office buildings, a move that would signal that one of the property sector's most active buyers is moving into a selling phase as top office markets recover.
Blackstone is leaning toward selling the portfolio, which analysts have valued as high as $22 billion, in regional parcels, according to real-estate executives who have discussed the matter with the firm.
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