Blackstone Said to Buy Alecta’s U.S. Properties for $1.8 Billion

  • Swedish pension fund is selling real estate in U.S. and U.K.
  • Assets include shopping centers and office buildings

Blackstone Group LP is in a $1.8 billion deal to buy the U.S. real estate assets of Alecta, the Swedish pension manager that is seeking to exit investments that don’t fit with its strategy, according to a person with knowledge of the transaction.

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