Commercial

Blackstone appoints new adviser for investment in Spain and Portugal

Blackstone Group LP, the world’s largest private-equity firm, announced Tuesday that the former head of head of Lehman Brothers Holdings Inc.’s Spanish and Portuguese businesses, Claudio Boada, will become their senior adviser.

Alexandria Real Estate Equities raises quarterly dividend 4 Pct

Alexandria Real Estate Equities, Inc. declared on Tuesday a quarterly dividend of $0.51 per share, or $2.04 annualized.

Fannie Mae announces new CEO

Fannie Mae, the largest provider of mortgage money in the United States, on Tuesday appointed its general counsel, Timothy Mayopoulos, as chief executive.