Photographer: Ron Antonelli/Bloomberg

Goldman Sachs Said to Have Lost $1.8 Billion U.S. Property Deal

  • Blackstone instead won auction by Swedish pension Alecta
  • Purchase includes retail, office properties across the country

Goldman Sachs Group Inc. was the original winner of Alecta’s U.S. real estate sale before the transaction fell apart amid a disagreement over terms, leading Blackstone Group LP to prevail with a $1.8 billion deal, said people with knowledge of the matter.

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