The Blackstone Group completed the acquisition of The Office Group, which provides flexible workspaces in London, Leeds and Bristol, including private offices, coworking memberships, meeting rooms and event space hire, for $640m. "The traditional workspace is being redefined in gateway cities across the globe, as evolving business practices increase demand for flexible office space to suit the needs of the discerning modern occupier. We are excited about this opportunity and look forward to working with the team to capitalise on the sector’s continued growth," Anthony Myers, Blackstone Head of European Real Estate.