The industry leader for online information for tax, accounting and finance professionals. Oct. 13, 2021 Blackstone, the giant private equity firm, will require employees who want to work in its London office to be vaccinated beginning next week, as the American company takes a. Blackstone (NYSE: BX), the world's largest alternative asset manager, announced that it has reached an agreement to establish a newly constructed, purpose-built European headquarters located in its long-term London home, Berkeley Square. The River Building, long celebrated for its distinctive one-acre roof terrace, recently emerged from a seeping renovation program. In London, having repositioned Lacon London, the company sold the 215,000-squrare-foot office building, three years into its ownership. Diana has been a Financial Controller of the hotel group, Hospitality Europe, when it was purchased by Blackstone in 2006. articles a month for anyone to read, even non-subscribers! Revantage is Pieros fourth Blackstone portfolio company for which he has held an executive leadership position. This field is for validation purposes and should be left unchanged. Many UK commercial landlords are looking to diversify into mixed-use properties and focus on higher-return opportunities as the pandemic erodes the valuations of retail and office spaces, and an extended moratorium on rent hurts their income streams. Check out all The Blackstone Group jobs, I applied through a staffing agency. This agreement will see Blackstone occupy a 226,000 sq ft,10 floor building on Berkeley Square on the site cur rent ly occupied by Lansdowne Ho use. The challenge for employers is, is it justifiable if youre taking other Covid-secure measures within the business? Ms. Lewis said. The 334,000-square-foot, 95%-leased property is part of the business park that was developed by Stanhope on behalf of The Chiswick Park Unit Trust. Call our London team now on, . Located in the prestigious district of Mayfair, our team offers a range of legal services to clients based in and around the city. Located at the centre of Europe, the Luxembourg office is home to talent from across the world. Blackstone will review opportunities for prime offices in the UKs largest regional cities that offer similar fundamentals to that of Birmingham. 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Managing Director, Co-Head Revantage Continental Europe, Luxembourg. Blackstone has 26 offices across the Americas, Europe and Asia. Our team at the London office can assist you with the following issues: At Blackstone Solicitors, we believe in delivering a personalised service to all of our clients and we will keep you up to date with every single development in your case. Our previous advisor had informed us that the chances 2021 Blackstone Moregate Limited. The West Midlands Growth Company (WMGC) recently leased office space in the property. Private equity giant begins buying offices for European core-plus strategy, What: Blackstone has bought the Colmore Building in Birmingham, Why: Ashby Capital exiting for 182m after buying asset in 2015, What Next: US giant interested in further core-plus office opportunities in UK and Europe. The firm bought a portion of Facebooks Dublin campus towards the end of last year for 395m for its core-plus platform. The investor acquired a class A commercial . Toby has deep knowledge of the region and during his 20+ year career within financial services, has held a variety of leadership positions, across multiple cross functional teams and has worked in the UK, Hong Kong, India and Singapore. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Check out all The Blackstone Group jobs, I applied through a staffing agency. In addition to managing the Finance teams of Revantage Europe, he is involved in tax structuring and compliance matters. But if companies can show they have a justifiable reason for collecting this data and the request is a proportionate measure to achieve a legitimate aim, the legal risks are diminished, said Lucy Lewis, an employment lawyer and partner at Lewis Silkin. We also strengthen our community by investing both financial and intellectual capital in key non-profit partners. If you wish to register a complaint, please write to Compliance Officer at London Address or telephone 020 3376 1444. Legal Rankings Find A Law Firm Find A Lawyer. At the moment, the focus very much has been on encouragement rather than mandating that people are vaccinated. But companies have been asking if this is something they can, or should, do, she added. The US investor has completed the purchase of the Colmore Building, a 314,000 sq ft office block, from Ashby Capital. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. Browse jobs and read about the The Blackstone Group London location with content posted anonymously by The Blackstone Group employees in London, United Kingdom. Companies and Business Sales and Purchase, Collateral Warranties And Third Party Rights, Due Diligence Audits For Banks And Other Financial Institutions, Farm Partnerships And Corporate Structures, Commercial Contracts For Farming Businesses. Registered No. Registered address: 9th Floor, 30 Crown Place, London. Andy Street, the Mayor of the West Midlands, said: This is yet another vote of confidence in the West Midlands as we bounce back from the pandemic, and completes an investment hat trick for Blackstone with their existing investments in the NEC as well as St Modwens regeneration of the former Longbridge factory site.. Blackstone had owned Cannon Bridge House since 2015, when the global private equity and alternative asset management firm purchased the property from Westbrook for 166 million, or roughly $225 million in todays dollars. From finance to technology to people and culture, we anticipate the needs of our partners and portfolio companies, hire exceptional talent and give them the platform to deliver. +44 (0) 7917 839 251, AshbyCapital | AshbyCapitalData Protection Notice, Communicate With Tenants To Unleash Real Estates Sustainability Potential. 03631973. Our Products are Made of Solid Rolled Steel & Were Created to be Versatile and Durable. Toby is passionate about developing talent, mentoring, building inclusive teams and a culture to inspire team members to challenge themselves to deliver against objectives. The furthest Britain has gone in making vaccines compulsory for work is in nursing homes. As an expert and thought leader, he is currently serving his 9th year on the Board of Trustees for Cubesmart, one of the top three owners and operators of self-storage properties in the U.S. With extensive experience as Chief Legal Officer for several multi-billion dollar organizations and two fast growing start-ups, navigating complex legal and business matters and projects, Piero serves as trusted advisor to the CEO and other senior corporate officers on setting the strategic direction for Revantages ongoing evolution. North America / Europe / Asia, We Speak BusinessNegocioEntrepriseAziendaCorretningUnternehmenBedrijfBiznes. Find the The Blackstone Group London address. Victoria Jones/Press Association, via Associated Press. The health and well-being of our people is our number-one priority, Blackstone said in a statement. London Office. He holds various charitable trustee and non-executive director advisory roles. The Blackstone office in Berkeley Square in London. The space will be used for some back office functions and will initially accommodate about 50 people with potentially more to follow, said the people, who asked not to be identified because the talks are ongoing. Aberdeen Standard owns Building 8, the only other property in the campus not owned by China Investment Corp. latest-news-headlines Jeff co-leads Revantage Europe with Diana Hoffman. You can check this on the Financial Services Register at register . End result: our partners thrive. . Nov 12 (Reuters) - UK's Land Securities Group Plc (LAND.L) said on Friday that it has agreed to sell Harbour Exchange, a London office property, to Blackstone Inc (BX.N) for 196.5 million. Blackstone is buying the asset on behalf of Blackstone European Property Income Fund, a new perpetual life vehicle targeting the individual investor market. Featured jobs Aladdin Business, Implementation, Vice President Apply Aladdin Business, Administrative Assistant, London Apply Product Management and Data Analysis, Analyst Blackstone Inc. is in the processes of leasing more office space in Londons Berkeley Square after a hiring spree left the firm struggling to accommodate staff in its existing headquarters. While Revantage is uniquely supported by one of the worlds leading alternative investment firms, we hold on to our start-up spirit and agility. It is Blackstones first office acquisition outside of London in the UK, although it has had previous exposure to regional offices through non-performing loans. Blackstones real estate portfolio includes logistics, rental housing, office, hospitality and retail properties in North America, Europe and Asia. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Registered No. Ashby Capital, which bought the building in Birminghams Colmore business district back in 2015 for 140m, had been courting buyers for the trophy block for several years. Find out how we can help and the types of services we offer by getting in touch today. As CEO of Revantage Asia Pacific, Toby is directly responsible for delivering services, capability, unity and consistency to support Blackstones real estate portfolio companies. The process took 6 weeks. Tom is a senior finance and operations executive with over 20 years experience; the last nine spent in the Real Estate industry. London. Originally built in 1991 on a 2.5-acre site along the River Thames, Cannon Bridge House sits directly above a busy rail station and consists of two connected buildings: the 91,700-square-foot River Building and the 194,900-square-foot Atrium Building. He has extensive leadership and management qualities gained from his professional career and as a commissioned army officer. Blackstone Solicitors was founded in South Manchester in 2010 by Emma Nawaz. Blackstone Connects is a global program that provides Blackstone employees with the opportunity to make a difference through community service, volunteer projects, mentoring and non-profit board service. We will always put your best interests first to help you make the right decisions during your case. EC2A 4EB. Blackstone is also active in credit, infrastructure, hedge fund solutions, insurance solutions . Blackstone has spent around 4.7B on London offices since November 2009, according to data compiled for Bisnow by Real Capital Analytics. For all new enquiries call us on 0345 901 0445, email info@blackstonesolicitorsltd.co.uk or, if you prefer us to contact you, leave your details via our Free Online Enquiry Form for a no-obligation discussion at a time convenient for you. Current View: Global . Blackstones lengthy list of value-add dispositions in 2017 includes the sale of the 693,000-square-foot Central Park of Lisle in Chicago for $129 million, four years after acquiring the office campus for $116 million. "We continue to see strong demand for high quality, sustainable office spaces that attract the best talent and employers" - JAMES SEPPALA, BLACKSTONE. For which he has held an executive leadership position credit, infrastructure, Fund. 2021 Blackstone Moregate Limited Blackstone European property Income Fund, a new perpetual life vehicle targeting the investor... Ashbycapital | AshbyCapitalData Protection Notice, Communicate With Tenants to Unleash Real Estates Sustainability.! Regional cities that offer similar fundamentals to that of Birmingham by one of the Colmore Building, long celebrated its... To data compiled for Bisnow by Real Capital Analytics the purchase of the worlds leading alternative investment firms, Speak! 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