Reported 22 days ago
Blackstone is in advanced discussions to acquire Retail Opportunity Investments Corp (ROIC), which owns U.S. shopping centers valued at $3.4 billion. If successful, the deal could be finalized soon, with competition from other private equity firms like Bain Capital. Despite strong performance in rental income and low vacancy rates in shopping centers, the outcome remains uncertain as other bidders may emerge.
Source: YAHOO