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Real Estate Trail
Institutional Press Wire
PR Newswire · Capital

PLATINUM EQUITY COMPLETES SALE OF GLOBAL ENVIRONMENTAL SERVICES BUSINESS URBASER TO BLACKSTONE AND EQT FOR $6.6 BILLION

Via PR Newswire · September 22, 2026
Compiled by Real Estate Trail Editorial · September 22, 2026

Why this matters

Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

  • Disclosed capital deal value tracked in September 2026: $23.5B across 49 reported transactions.
  • 57 stories mentioning Blackstone on the wire in the past 90 days. Blackstone coverage →

Computed from Real Estate Trail’s own tracked coverage

Excerpt from PR Newswire:
Sale of Madrid-based environmental infrastructure platform follows multi-year transformation process LONDON, Sept. 22, 2026 /PRNewswire/ -- Platinum Equity announced today that the sale of Urbaser to Blackstone and EQ…
Read the full article at PR Newswire →

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