Blackstone plans to sell its US properties it is US based asset giant and attain new possessions in Asia and Europe according to new media reports.

In the US Blackstone is the countrys most important hotel proprietor and it is working on an initial public offering of Hilton Worldwide its is the biggest real estate asset which was bought in 2007 for $25 billion counting the debt. Blackstone has been facing up its plan with an eye on juicier deal situation outside the United States. Blackstone is also selling its 50 percent stake in London's Broadgate office complex to Singapore's investment company GIC. On the Other way it will acquire 30,000 apartments from US built-up conglomerate General Electric for around US$2.7 billion (S$3.46 billion), exposed a source.

Meanwhile, the group is observing  a US $5 billion (S$6.4 billion) European real-estate investment fund. It is also teaming  up with Caisse de Depot du Quebec to purchase debt-secured-by-equity in French property investment firm Gecina.

1- Stephen A. Schwarzman is Chairman CEO and Co-Founder of Blackstone. He has been concerned in all phases of the firms growth since its founding in 1985.

2- Hamilton (Tony) E. James President, Chief Operating Officer.

3- J. Tomilson Hill is President and Chief Executive Officer of the Funds of Hedge Funds group, a Vice Chairman of Blackstone 

4-Laurence Tosi, a Senior Managing Director, is the firm's Chief Financial Officer. He also serves on the firm's Executive Committee.

5-John G. Finley a Senior Managing Director, is the firm's Chief Legal Officer.

6- Joan Solotar is a Senior Managing Director in the Public Markets group.

The website to Blackstone is http://ir.blackstone.com

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