Blackstone made another huge real estate deal on Friday

April 10, 2015 12:05 PM

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Blackstone made another huge real estate deal on Friday

It's not all about GE: Blackstone also made another huge real estate deal on Friday.

In a release, Excel Trust announced that it has agreed to be acquired by Blackstone Property Partners for around $2 billion in cash. Excel Trust is a real estate investment trust that focuses on retail properties.

Also read: Saudi's Flynas to buy 80 Airbus A320neo planes in $8.6B deal

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