Blackstone Inc. (NYSE:BX) is reportedly considering offers to sell half of its interest in the real estate of the Bellagio Hotel in Las Vegas.

Blackstone purchased the property almost four years ago for $4.25 billion, Bloomberg reported, citing anonymous sources with knowledge of the matter. 

The New York-based investment firm is just weighing options and hasn't committed to a divestiture.

Also Read: Blackstone Injects $1B More Into Invenergy, Raising Total Stake To $4B To Propel Business Initiatives 

Bellagio is one of the "top-performing" resorts and is operated under a long-term lease by MGM Resorts International (NYSE:MGM), its original owner. 

Blackstone has recently inked a pact with Prologis, Inc. (NYSE:PLD) to divest its 14 million square feet of industrial properties for $3.1 billion in cash. 

In May, Blackstone had agreed to sell its stake in SaaS startup IBS Software to Apax for $450 million.

Price Action: BX shares are trading higher by 1.59% to $90.19 on the last check Tuesday.

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