BPPEH Publishes Q4 2018 Update
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) has filed its Q4 2018 update with The International Stock Exchange.
Key highlights as of 31 December 2018:
- BPPEH’s portfolio has grown to €4.0 billion of gross asset value, primarily through acquisitions
- Operating performance remains robust, with the portfolio 98% occupied on a 5-year weighted average lease length
- BPPEH has maintained a strong capital structure with net loan-to-value of 48% and further enhanced liquidity by securing a new €230 million revolving credit facility
To request a copy of the Q4 2018 update, please register on BPPEH’s website at: www.bppeh.com. The BPPEH annual report and accounts for the year ended 31 December 2018 will be available in April 2019.
Nothing in this announcement shall be considered an offer to sell, or a solicitation of an offer to purchase, securities of BPPEH. Securities of BPPEH may not be offered to U.S. persons, or persons located in the U.S., absent an exemption.
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) invests in high-quality, substantially stabilised real estate assets across Europe. Investments are concentrated 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.