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BlackRock Acquires Panama Canal Ports for $23 Billion

BlackRock Acquires Panama Canal Ports for $23 Billion

by Phil Hall | Mar 4, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

In one of the largest real estate deals in Central America real estate, BlackRock Inc. (NYSE: BLK) is spending $22.8 billion to purchase majority stakes in ports on both sides of the Panama Canal. The Wall Street Journal reports BlackRock, its new infrastructure arm...
BlackRock in New Pact to Expand Saudi Arabian Real Estate Finance Market

BlackRock in New Pact to Expand Saudi Arabian Real Estate Finance Market

by Phil Hall | Aug 26, 2024 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

The global asset manager BlackRock (NYSE: BLK) has signed a memorandum of understanding with the Saudi Real Estate Refinance Company (SRC), a company within the Saudi government-owned Public Investment Fund, to further develop the kingdom’s real estate finance market....
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