LONDON—Blackstone Group is said to be in talksto buy eight buildings in Italy for about $336million (250 million euros) in a net-lease deal.

Bloomberg News says two people with knowledgeof the matter, provided news of the deal to the agency.

Blackstone, which announced a major takeover last week, has beengiven the exclusive rights to bid for the buildings which areoccupied by government agencies.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.