Blackstone European Property Income Fund Acquires Logistics Portfolio For €520M
Blackstone European Property Income Fund purchases Logistics Portfolio for €520,000,000
Industrial
Sold 1 year ago
Summary
The Logistics Portfolio, located in the UK, Poland, Spain, Germany, and the Czech Republic, has been sold for €520,000,000. The portfolio consists of industrial properties. The transaction took place on April 2, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: €520,000,000
- Vendor: Macquarie Capital Principal Finance & Elite Partners Capital
- Purchaser: Blackstone European Property Income Fund
- Agent: John Palmer - Savills & Eastdil Secured
John Palmer, representing Savills & Eastdil Secured, served as the agent in this transaction. The vendor, Macquarie Capital Principal Finance and Elite Partners Capital, sold the Logistics Portfolio to the purchaser, Blackstone European Property Income Fund.
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Blackstone European Property Income Fund purchases Logistics Portfolio for €520,000,000
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