BPPEH Completes Disposal of Milan Trophy Retail Asset

Following the signing in April 2024, BPPEH has completed the disposal of its trophy retail asset in Milan, Montenapoleone 8, to global luxury group Kering for approximately €1.3 billion.

About BPPEH

Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) invests in high-quality, substantially stabilised real estate assets across Europe. Investments are concentrated primarily in the logistics, residential and office sectors, with a focus on major European markets and key gateway cities. BPPEH is 100% owned by Blackstone Property Partners Europe.