Blackstone announced their acquisition of Village Hotels from KSL Capital Partners. The 22-hotel group also own and run VWorks, a coworking brand based within their "well-located assets in large regional cities and suburban areas across the UK".

Why this may matter: ICYMI Blackstone own 70-location brand Fora (the merged entity of The Office Group and Fora) and were exploring a $1.9B sale of the group. Capital Markets are closely watching this sale, as its one of the deals that could set precedent for just how much above "zero dollars per square foot" a flex space business can be valued at.