(MENAFN) Blackstone Group had canceled the sale of Australian shopping mall portfolio which worth USD2.8bln after it was unable to find a buyer.
According to a source asked not to be named said: "They pulled the sale process last week. The rationale was that with the level of market demand, they decided to focus on active management."
And it added that both had strong offers, but for individual assets only, not for the whole 10 malls.
On the other hand, the spokeswoman of Blackstone did not comment or respond to an email.
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