Blackstone Eyes $1.9 Billion Sale of The Office Group: Telegraph

Blackstone Inc. has held informal talks with advisers over a £1.5 billion ($1.9 billion) sale of The Office Group amid a pickup in demand for flexible working space, according to a Telegraph report.

The private equity firm is aiming for a deal in the first quarter of 2025 with a sale or stock market listing among possible options, the Telegraph reported, citing sources it didn’t identify. A Blackstone spokesperson told the newspaper that the company has no plans to exit the business in the foreseeable future and hasn’t appointed any advisers.

Blackstone has been building its flexible office brand ...