Blackstone (BX) has agreed to buy a group of warehouses in the U.S. from Australia's Dexus...

|About: The Blackstone Group L.P. (BX)|By:, SA News Editor

Blackstone (BX) has agreed to buy a group of warehouses in the U.S. from Australia's Dexus Property Group for ~A$800M ($820.4M), sources say. The properties cover a total area of 16M sq. feet, a substantial addition to Blackstone's existing portfolio of over 45M sq. feet.