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Greatest purchase of property

Greatest purchase of property
Who
Blackstone
Where
United States
When
22 November 2006
The largest property deal occured when US private equity firm, Blackstone acquired 580 office buildings across the USA, belonging to Equity Office Property Trust (USA) for $20bn (£10.5bn) cash on 22 November 2006 - itself part of the largest leveraged buyout in history with a total of $36 billion (£17 billion).