• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Tuesday, August 5, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Blackstone expands leisure portfolio with $5.65bn Safe Harbor Marinas deal

David Ijaseun by David Ijaseun
February 27, 2025
in Business
0
Blackstone Infrastructure acquires Safe Harbor Marinas

Blackstone Infrastructure acquires Safe Harbor Marinas

628
SHARES
9.8k
VIEWS
Share on FacebookShare on Twitter

Blackstone Infrastructure has agreed to acquire Safe Harbor Marinas for $5.65 billion, expanding its footprint in the booming leisure and travel sector. Safe Harbor operates 138 marinas across the U.S. and Puerto Rico, making it the world’s largest owner of marinas.

The deal strengthens Blackstone Infrastructure’s portfolio, which has grown 40% year-over-year, managing $55 billion in assets as of December 31, 2024. The firm has been aggressively investing in high-growth infrastructure sectors, including data centers, marine terminals, and renewable energy.

READ ALSO

Porsche, Aston Martin raise U.S. prices as 15% tariffs hit

Stellantis vows to win back U.S. buyers after $1.7bn tariff blow

Wells Fargo led the financing, while Gibson, Dunn & Crutcher LLP and Simpson Thacher & Bartlett LLP served as legal advisors. The acquisition capitalizes on rising demand for boating and waterfront properties, driven by increased migration to coastal cities.

“Marinas are benefiting from strong long-term trends, including the growth of travel and leisure,” said Heidi Boyd, Senior Managing Director at Blackstone Infrastructure. “Safe Harbor is the best-positioned player in this space, and we’re excited to invest in its future.”

Read more on How Lazzara created a 100-foot superyacht worth $15m

Tags: Blackstoneboat industryHeadline

Related Posts

Aston Martin
Business

Porsche, Aston Martin raise U.S. prices as 15% tariffs hit

August 1, 2025
Stellantis
Business

Stellantis vows to win back U.S. buyers after $1.7bn tariff blow

July 30, 2025
Nissan spends $1.9m to build UK’s first electric truck charging depot
Business

Nissan spends $1.9m to build UK’s first electric truck charging depot

July 29, 2025
UK auto industry falls 11.9% in toughest year since 1953
Business

UK auto industry falls 11.9% in toughest year since 1953

July 29, 2025
Brazil and U.S, tariffs [source Reuters]
Business

Brazil urges U.S. to drop 50% tariffs on food, Embraer aircraft

July 29, 2025
Volkswagen cuts 2025 sales forecast after $1.5bn tariff blow
Business

Volkswagen cuts 2025 sales forecast after $1.5bn tariff blow

July 26, 2025
Next Post
Airbus

Airbus boosts profits in 2024 as deliveries climb, expanding lead over Boeing

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

General Motors (GM)

General Motors closes China plant, pivots to luxury amid $4bn restructuring

February 22, 2025
hands free driving cars

Explainer: ADAS, the technology Tesla, Audi, others use to make driving safer for everyone

April 10, 2023
Elon Musk proposes $5 bn xAI Investment to Tesla board

Elon Musk proposes $5 bn xAI Investment to Tesla board

July 28, 2024
Bombardier’s Global 8000 set to become the fastest civil jet since Concorde

Bombardier’s Global 8000 set to become the fastest civil jet since Concorde

April 13, 2025

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • Ghanaian police recovers 43 stolen luxury cars linked to global theft rings
  • Mercedes fights back, seizes 1.5 million fake car parts across the world
  • Busted: How LASTMA arrested 61,000 vehicles in six months
  • Jeep Avenger hits 200,000 orders as brand gains new ground in Europe

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In