Blackstone Eyes Move On Dexus (DXS AU)

• Reportedly, Blackstone is running a ruler over Dexus Property (DXS AU), one of Australia’s leading fully integrated real estate groups.

• The Australian article flips flops: "Blackstone is understood to have been back on the scene"; but "cooled on the opportunity for now".

• Almost exactly four year ago, Blackstone paid A$2.1bn for a 49% stake in the Dexus Australian Logistics Trust, a prime logistics portfolio managed and jointly owned by Dexus.