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/PRNewswire/ -- Meyer Lucas Real Estate Team at Compass (MLRE), a leading real estate team based in Jupiter, Florida, is proud to announce their recent honor...
The acquisition of The Sandcrawler building marks Blackstone’s entry to Singapore under its core-plus strategy. Alan Miyasaki, Blackstone’s head of real estate Asia acquisitions, said the investment had expanded the Southeast Asia footprint of Blackstone Real Estate’s core-plus strategy. It currently has US$3.6bn (€3bn) in assets under management in Asia. “In Singapore, we see ongoing demand for business parks that offer a unique campus-style experience, supported by the government’s efforts to attract global companies to set up regional headquarters here,” said Miyasaki. The S...
Blackstone Real Estate to acquire Lucasfilm’s building in Singapore for $132m The Sandcrawler. Photo by Blackstone Real Estate April 21, 2021 US alternative investments giant Blackstone Group has agreed to acquire The Sandcrawler, Lucasfilm’s building in Singapore, for SGD176 million ($132 million) through funds managed by Blackstone Real Estate. In an announcement, Blackstone said it will acquire The Sandcrawler, a Grade-A building inspired by the iconic Sandcrawler fortresses in the Star Wars series, from Lucas Real Estate. The property, located within Singapore’s largest business par...