151 Property, a portfolio company owned by funds advised or managed by Blackstone, one of the world’s leading investment firms and the largest real estate private equity firm in the world. We oversee the management of 2.9 million sqm of real estate and interact with over 1700 customers.
151 Property’s team has experience in all facets of strategic real estate management with a key focus on maximising the performance of stabilised and value add properties through proactive involvement in property management, capital investment and disposition activities.
We outsource a number of important functions to our valued stakeholders, enabling the 151 Property team to focus on areas that have the highest value to our customers, our investor stakeholders and the users of our spaces. The management team is supported internally by a dedicated shared services team comprising finance, legal and administration.
Every repositioning that we undertake aims to make the best and most efficient use of the property. We adopt environmentally sustainable practices because we believe it’s the right thing to do, we also see it as a win/win outcome. Not only do sustainable improvements contribute to the increased life cycle of an asset, they also add value. We’ve chosen this approach in order to create a culture considerate of the communities we operate within – actively supporting our customers and building managers to maximise the benefits and returns of their sustainability efforts.
We have the expertise to partner with existing and future customers to deliver a property strategy that supports their business objectives. Through improved operational efficiencies and by adopting innovative processes, we continue to achieve great outcomes for customers and stakeholders alike.