John Kukral, president, chief executive and co-founder of Blackstone Real Estate Advisors, the property arm of The Blackstone Group, is leaving at the end of the year.

He joined Blackstone in 1994 and has since overseen the completion of over $13bn (€10.9bn) of real estate investments, financings and restructurings.

Carrie Ann Wharton in New York

Blackstone Real Estate

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Kukral goes from Blackstone Real Estate

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