Blackstone places 2.100 dwellings on the market for €254M

Blackstone places 2.100 dwellings on the market for €254M

These units are located all over Spain (mainly in Madrid and Barcelona), and, «were selected taking into account their characteristics and, amongst others, the fact that they were currently vacant», it can be read in the release sent to the Mercado Alternativo Bursátil this Tuesday. The real estate assets were assessed in June 2020 by an independent assessment company in accordance with the RICS (‘Royal Institution of Chartered Surveyors’) assessment method.

The decision was known and approved in an extraordinary shareholders’ meeting which took place this Tuesday and on which 99.39% of the company’s voting shareholders were represented.

This process is part of a «restructure operation within the company», already announced in August at MAB.

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