BPPEH Completes Disposal of Spanish and German Logistics Assets

BPPEH has completed the disposal of two logistics assets in Spain and Germany for €81 million.

The disposal includes a 54,000 sqm asset (and three adjacent land plots) located in Valencia, Spain and an 11,000 sqm asset located in Viersen, Germany. The assets are currently 100% occupied with long-term leases.


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.