Blackstone closes “largest transaction” ever for €16,7B

Blackstone closes “largest transaction” ever for €16,7B

 

The information is advanced in a release Portuguese newspaper Jornal de Negócios had access to, which also reveals that the portfolio has a combined total area of 16.6 million sqm.

«Logistics is our highest conviction global investment theme today, and we look forward to building on our existing portfolio to meet the growing e-commerce demand», explains Ken Caplan, co-director at Blackstone Real Estate in the same release.

With the integration of these assets, the American fund’s logistic portfolio in the United States now has over 33 million sqm.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!