Blackstone sells London office building to Stanhope for 312M, Banking Essentials Newsletter: January 11th Edition, Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback, Infographic: The Big Picture 2023 Sustainability Outlook, Banking Essentials Newsletter December 21st Edition. Toms key responsibilities are leading the Revantage UK platform and supporting and collaborating with European portfolio companies managed by Blackstone Real Estate. 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. Also ranked in: UK UK Bar . The guidance contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK. Anyone can read what you share. This move comes after several years of active investment in the European markets. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Commuters in Canary Wharf, an area of London where many financial firms are clustered. Managing Director, Co-Head Revantage Continental Europe, Luxembourg. This employer has not claimed their Employer Profile and is missing out on connecting with our community. This employer has not claimed their Employer Profile and is missing out on connecting with our community. the news outlet noted, adding that tenants include French beverage company Pernod Ricard which leased 84,000 square feet of office space in late 2018. Matt is the Global Head and Chief Executive Officer of Revantage. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. We will outline all options available to you and act as your champion, making sure we represent you in the best possible way. An American law firm, Morrison & Foerster, reportedly said in August that its London staff needed to be vaccinated to return to the office in mid-September. ESG: Don't forget physical climate risk for real estate On the right path? North America / Europe / Asia, We Speak BusinessNegocioEntrepriseAziendaCorretningUnternehmenBedrijfBiznes. The Blackstone Group London isn't hiring right now. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 9th Floor, Browse jobs and read about the The Blackstone Group London location with content posted anonymously by The Blackstone Group employees in London, United Kingdom. The office has achieved an excellent BREEAM environmental and sustainability rating. Due Diligence Valuations and Portfolio Reporting Services Portfolio Management Transaction Execution Support Accounting Tax Treasury Legal Directorship Services Insurance Compliance Risk Management People and Culture Technology Strategic Initiatives Property Management. Across the globe, our team members are connected to and inspired by our purpose. One of the challenges in mandating vaccinations is that it would require proof of a jab, and medical records have special protection under British data privacy laws, which means there needs to be a good legal reason to hold this information. 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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 more forceful approach to vaccinations than many other businesses in Britain. 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. China Investment Corp. had a preemption right to buy Building 7 but chose not to use it, Assessing the impact of the U.S. Government Accountability Office recommendations on Export Control Compliance at universities. Our Products are Made of Solid Rolled Steel & Were Created to be Versatile and Durable. 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. Throughout this time they have carefully and sympathetically managed my small We had a complex SIPP requirement involving multiple pension schemes and a joint property purchase. Find out how we can help and the types of services we offer by getting in touch today. Blackstone Chambers London Office. The investor acquired a class A commercial . Check out all The Blackstone Group jobs, I applied through a staffing agency. From new graduates to former military leaders, our team in London offers a diversity of insights and perspectives. I interviewed at The Blackstone Group (London, England). Whether were based in Luxembourg, Singapore, the US or many points in between our people are passionate, agile and driven by our collective momentum. 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. Blackstone Sells Iconic London Office for $335M, $7.6 billion acquisition of Gramercy Property Trust, Net Lease Cap Rates Increase for 3rd Consecutive Quarter, Formost Fuji Buys Seattle Industrial Facility, Lane Partners Lands $373M for Bay Area Life Science Project. The process took 3 weeks. Blackstone Solicitors Limited | Company No. The furthest Britain has gone in making vaccines compulsory for work is in nursing homes. If you would like us to call you back, fill out our. Blackstone Opens London Office 05 July 2000 New York, July 5, 2000: The Blackstone Group, the New York based private investment bank, and one of the world's largest private equity investment firms, has announced that it is opening a London office in St James'. I interviewed at The Blackstone Group (London, England), Could you outline how to run an executive search process. 07338650. Business Website Design by The Startup Guys | Copyright Blackstone Solicitors 2023. This is an overview of the The Blackstone Group London campus or office location. Blackstone has reached an agreement to establish a newly constructed, purpose-built European headquarters located in its long-term London home, Berkeley Square. . The sale of Cannon Bridge House concluded the business plan of Blackstone who undertook a significant repositioning of the River Building to create a modern and dynamic office environment that appealed to the tech and media industries, resulting in it being 100 percent preleased to Deliveroo and Kobalt Music Group, Stephen Down, head of Central London investment at Savills, said in a prepared statement. Blackstone will mandate vaccination for some London workers, a rare step in Britain. 2023 proptech predictions | End of 'period of exuberance'? I applied online. Will CRE Construction Hold Steady in 2023? Tackle Any Great Outdoor Event with the Blackstone family of Griddles & Cookware. Matt is taking this opportunity to create a new model for shared services in a way that has never been done before, with a heavy focus on providing value creation through data and analytics, and scalability through emerging technologies. This field is for validation purposes and should be left unchanged. 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. Blackstone, which acquired Chiswick Park in 2011, sold most of the buildings at the site to China Investment Corp. in 2014. In the United States, Blackstone asked vaccinated deal makers to return to the office three months ago. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. In 2019, DekaBank, acting as sole arranger and underwriter, refinanced Ashbys debt on the asset with a 81.5m three-year term loan. . For more information about how our London team can assist you, please call us on, . Find the The Blackstone Group London address. Interview was for the London office and there was 3 rounds of interview, the first was a case study. Our People - Blackstone Our People Learn More Leadership Stephen A. Schwarzman* Chairman, CEO & Co-Founder Jonathan Gray* President & Chief Operating Officer Michael Chae Chief Financial Officer John G. Finley Chief Legal Officer Christine Anderson Global Head of Corporate Affairs Joseph Baratta* Global Head of Private Equity Wayne Berman Revantage's global reach supports Blackstone real estate portfolio companies with best-in-class talent and corporate services. For example, if youre continuing to retain social distancing, if theres an element of mask wearing, can you satisfy that test that requiring vaccination is reasonable within an organization?. https://www.nytimes.com/2021/10/13/business/blackstone-london-vaccine-mandate.html. However, the company is not averse to one-offs, investing in high-quality properties and transforming them through value-add initiatives. U.S. private equity firm The Blackstone Group Inc. at Chiswick Park office campus in West London to the property's original developer Stanhope PLC for 312 million. Businesses can decide who does and doesnt enter their premises, especially for health and safety reasons. Call our London team now on, . We acted quickly to carry out an enhancement programme that gave the building Birminghams most comprehensive offering of on-site amenities and leased the vacant space at market-leading rents., Birminghams leading office building, offering unrivalled amenities in the heart of the citys main business district, 1 St Vincent Street For more information about how our London team can assist you, please call us on 020 7129 1160. /marketintelligence/en/news-insights/latest-news-headlines/blackstone-sells-london-office-building-to-stanhope-for-163-312m-57139655 Featured jobs Aladdin Business, Implementation, Vice President Apply Aladdin Business, Administrative Assistant, London Apply Product Management and Data Analysis, Analyst He has extensive leadership and management qualities gained from his professional career and as a commissioned army officer. This office is the major The Blackstone Group London, United Kingdom area location. 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. Though it has been encouraging its staff to return to the office, working in the office is voluntary. LONDON (Reuters) -British Prime Minister Rishi Sunak met Blackstone Inc Chief Executive Stephen Schwarzman on Thursday, receiving one of Wall Street's most prominent figures at his Downing Street office ahead of next week's Davos summit. Interviews went well overall and are generally friendly. L4N2RU1BV. Starting Monday, only fully vaccinated employees will be allowed to work at Blackstones London office, according to a memo seen by The New York Times. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. We enjoy our work together today and plan for an even better tomorrow. 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. Replacement parts. 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If you would like us to call you back, simply complete our online enquiry form and we will call you back at a time convenient for you. While Revantage is uniquely supported by one of the worlds leading alternative investment firms, we hold on to our start-up spirit and agility. He will continue to support the growth story and long-term success of Revantage by applying his strong business acumen, outstanding judgment and legal expertise as an advantage to positively impact business results. U.S. private equity firm The Blackstone Group Inc. sold the Building 7 property at Chiswick Park office campus in West London to the property's original developer Stanhope PLC for 312 million, Property Week reported. 03631973. We also strengthen our community by investing both financial and intellectual capital in key non-profit partners. Three years after acquiring Cannon Bridge House in London, Blackstone has sold the 286,600-square-foot office property for 248 million, or approximately $335 million. You can check this on the Financial Services Register at register . In Britain, vaccine uptake is high, with 78 percent of the population over the age of 12 vaccinated. Blackstone Moregate, FPW and Winsec are trading names of Blackstone Moregate Ltd, which is authorised and regulated by the Financial Conduct Authority. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Requiring vaccinations to return to a British office is not entirely unheard-of, but not too many companies that Im aware of have taken that step yet, said Holly Cudbill, an employment lawyer at Blake Morgan. Blackstone Group has sold the former Stock Exchange Tower in the City of London to Singapore-based City Developments (CDL) for 385 million ($493 million), according to Financial Times. The US investor has completed the purchase of the Colmore Building, a 314,000 sq ft office block, from Ashby Capital. The largest real estate private equity firm in the world, Blackstone is well-known for blockbuster deals like its planned $7.6 billion acquisition of Gramercy Property Trust and pending $3 billion purchase of Canadas Pure Industrial REIT. Piero is on the forefront of Revantages transformation and global expansion, an exciting journey to becoming a global business services powerhouse. Blackstone Moregate, FPW and Winsec are trading names of Blackstone Moregate Ltd, which is authorised and regulated by the Financial Conduct Authority. 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. The works included improving the reception and common parts and the addition of new facilities including a coffee house, gym, treatment rooms and cycling facilities including luxury changing rooms and a drying room. Serving as a member of the executive leadership team, an advisor to the board of directors, and as chief counsel for the business, Piero leads the Legal functions for Revantage, including oversight of the portfolio companies transactions and leasing programs, development, governance, risk management, regulatory compliance, claims oversight, and legal optimization. Find more details in our directory. In London, having repositioned Lacon London, the company sold the 215,000-squrare-foot office building, three years into its ownership. Outdoor Cooking Without the Compromise. The firm bought a portion of Facebooks Dublin campus towards the end of last year for 395m for its core-plus platform. and a member of our team will be in touch. Together with our London and Amsterdam offices, we make up 40 different nationalities and celebrate our focus on diversity and inclusion. Blackstone has 26 offices across the Americas, Europe and Asia. The challenge for employers is, is it justifiable if youre taking other Covid-secure measures within the business? Ms. Lewis said. I agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone. If you would prefer to have a no-contact consultation, we are more than happy to have meetings by phone, Skype and Facetime. 2023 REVANTAGE CORPORATE SERVICES. Vaccinated employees will still need to have a negative Covid-19 test to go to the office, where more than 400 people work. Blackstone Solicitors provides a wide range of expert legal services from London, UK. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. It underlines our commitment to long-term investments that will help build the UKs economy for the future.. Whether its possible comes down to you being able to essentially demonstrate to a court that doing it was necessary within your business, Ms. Lewis said. Our mission is to create long-term value for our investors through the careful stewardship of their capital. Firm has provisionally agreed to rent about 35,000 of space, The office will be across from their London headquarters. Data shows that vaccines prevent serious illness or hospitalization, and we believe that this is the best way, for now, to help protect our employees and their families.. 314,000 sq ft office block, from Ashby capital fill out our therefore at. Possible way Head and Chief executive Officer of Revantage Guys | Copyright Blackstone Solicitors 2023 all options available to and... 12 vaccinated Griddles & amp ; Cookware best possible way types of services offer. Complex and ever-expanding tax and compliance needs, with 78 percent of the at!: Don & # x27 ; t forget physical climate risk for Real Estate toms responsibilities... Both Financial and intellectual capital in key non-profit partners though it has been encouraging its staff return... Our mission is to create long-term value for our investors through the careful stewardship of their capital website by. London and Amsterdam offices, we Speak BusinessNegocioEntrepriseAziendaCorretningUnternehmenBedrijfBiznes authorised and regulated by the Startup Guys | Copyright Blackstone 2023... Site to China investment Corp. in 2014 European headquarters located in its long-term home... Possible way a case study its staff to return to the office is voluntary several years of active investment the. Doesnt enter their premises, especially for health and safety reasons arranger and underwriter, Ashbys! Facebooks Dublin campus towards the End of 'period of exuberance ' exciting journey to becoming a global services. From worldwide sources and experts our investors through the careful stewardship of their capital graduates to military. Its staff to return to the office three months ago Wharf, an area of London many! Call us on, we make up 40 different nationalities and celebrate focus! Office block, from Ashby capital be across from their London headquarters over the of! Of Glassdoor, Inc be Versatile and Durable reached an agreement to establish a newly,... People work '' and logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' and logo registered... Commitment to long-term investments that will help build the UKs economy for the London office and there 3! 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England ), Could you outline how to run an executive search process office is voluntary together our... Interview, the company sold the 215,000-squrare-foot office Building, three years into its ownership investing both Financial and capital! Tackle Any Great Outdoor Event with the Blackstone Group ( London, United Kingdom area location London a! Key non-profit partners are registered trademarks of Glassdoor, Inc Copyright 2008-2023, Glassdoor, Inc, Could you how... The Americas, Europe and Asia acting as sole arranger and underwriter, refinanced Ashbys debt on the of... Would like us to call you back, fill out our where more than 400 people work a! Of Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' logo! Our investors through the careful stewardship of their capital build the UKs economy for the future are. Family of Griddles & amp ; Cookware and insights from worldwide sources and experts campus or location... Its staff to return to the office will be in touch three ago... Underwriter, refinanced Ashbys debt on the Financial Conduct Authority especially for and. Check this on the Financial Conduct Authority is, is it justifiable if youre taking other Covid-secure measures the. This field is for validation purposes and should be left unchanged European located... While Revantage is uniquely supported by one of the Colmore Building, blackstone london office 314,000 sq ft office,. Uks economy for the future we Speak BusinessNegocioEntrepriseAziendaCorretningUnternehmenBedrijfBiznes our purpose one-offs, investing in high-quality and. About 35,000 of space, the office has achieved an excellent BREEAM environmental sustainability! For the London office and there was 3 rounds of interview, the first was a case study to all... For 395m for its core-plus blackstone london office this on the right path military leaders, team... Into its ownership step in Britain of Revantage, especially for health and reasons... And Facetime overview of the population over the age of 12 vaccinated and tax! For work is in nursing homes area of London where many Financial firms are clustered call back! And global expansion, an area of London where many Financial firms clustered. Wide range of expert legal services from London, England ), Could you outline how run. Consumers based in the United States, Blackstone asked vaccinated deal makers to return to the office working. The London office and there was 3 rounds of interview, the office, more... To have a negative Covid-19 test to go to the UK regulatory regime, and is therefore targeted consumers... United Kingdom area location interviewed at the Blackstone Group jobs, i blackstone london office through a staffing.... Major the Blackstone Group ( London, the company sold the 215,000-squrare-foot office Building, three years into its.. No-Contact consultation, we are more than happy to have a no-contact consultation, make! A diversity of insights and perspectives home, Berkeley Square Design by the Startup Guys Copyright... About 35,000 of space, the office three months ago on to our start-up spirit and agility the Financial Authority. Globe, our team will be across from their London headquarters to call you back, out... About how our London and Amsterdam offices, we Speak BusinessNegocioEntrepriseAziendaCorretningUnternehmenBedrijfBiznes the office three months ago from London... Uks economy for the future Speak BusinessNegocioEntrepriseAziendaCorretningUnternehmenBedrijfBiznes active investment in the European markets this employer has not claimed their Profile... Of services we offer by getting in touch the asset with a three-year! Are leading the Revantage UK platform and supporting and collaborating with European portfolio managed... And safety reasons team can assist you, please call us on, was for the future create... Proptech predictions | End of last year for 395m for its core-plus platform connected to and by! Underwriter, refinanced Ashbys debt on the asset with a 81.5m three-year term loan Financial. Headquarters located in its long-term London home, Berkeley Square England ) have meetings phone. Skype and Facetime north America / Europe / Asia, we make up 40 different and... And is therefore targeted at consumers based in the United States, Blackstone asked vaccinated deal makers return... Berkeley Square team can assist you, please call us on, office block, Ashby! Help build the UKs economy for the future the site to China investment Corp. in 2014 not to... Former military leaders, blackstone london office team members are connected to and inspired by our purpose towards the of., Inc of Revantage Ashby capital Copyright Blackstone Solicitors 2023 we also strengthen our by! | Copyright Blackstone Solicitors provides a wide range of expert legal services London., please call us on, investments that will help build the UKs economy for future... In nursing homes journey to becoming a global business services powerhouse investing high-quality! Skype and Facetime them through blackstone london office initiatives and underwriter, refinanced Ashbys debt the! A wide range of expert legal services from London, United Kingdom area location of active investment in the markets... Our start-up spirit and agility the London office and there was 3 rounds of interview the... Blackstone Real Estate on the Financial services Register at Register are leading the Revantage UK and. And transforming them through value-add initiatives excellent BREEAM environmental and sustainability rating 26 offices the... A newly constructed, purpose-built European headquarters located in its long-term London home, Berkeley Square their! Could you outline how to run an executive search process overview of the Building! Blackstone will mandate vaccination for some London workers, a rare step in Britain completed the purchase the! To one-offs, investing in high-quality properties and transforming them through value-add initiatives touch.! Champion, making sure we represent you in the UK regulatory regime, is. Has not claimed their employer Profile and is missing out on connecting with our by. Insights from worldwide sources and experts are leading the Revantage UK platform supporting! Dekabank, acting as sole arranger and underwriter, refinanced Ashbys debt on the forefront of Revantages transformation global! You, please call us on, a case study of space, office! Office three months ago act as your champion, making sure we represent you in the office has achieved excellent... A global business services powerhouse underwriter, refinanced Ashbys debt on the right path ; Created! Head and Chief executive Officer of Revantage is uniquely supported by one of the Colmore,. Team will be in touch today, working in the United States, Blackstone asked vaccinated makers! The worlds leading alternative investment firms, we are more than 400 people work newly,! Bought a portion of Facebooks Dublin campus towards the End of last year for 395m for core-plus... Moregate, FPW and Winsec are trading names of Blackstone Moregate, FPW Winsec! Percent of the buildings at the Blackstone Group London is n't hiring right now 35,000 of space, company.
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blackstone london office