BPPEH has completed the disposal of an office asset located on Avenida Diagonal in Barcelona, Spain to a private investment group for €225 million.

We would like to inform you that Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) has published its 2024 Annual Report. The 2024 Annual Report as well as the Investor Presentation are now available on our website (www.bppeh.com).

We would like to inform you that Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) has published its 2024 Half Year Report. The 2024 Half Year Report as well as the Investor Presentation and accompanying recording are available on our website (www.bppeh.com), and we remain available to address any questions.

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.

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

In a report released 28 May 2024, Standard and Poor’s (“S&P”) has revised Blackstone Property Partners Europe Holdings S.à r.l.’s (“BPPEH”) outlook to stable and reaffirmed its credit rating at ‘BBB’.

We would like to inform you that Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) has published its 2023 Annual Report. The 2023 Annual Report as well as the Investor Presentation are now available on our website (www.bppeh.com).

BPPEH has entered into a binding agreement to sell its asset in Milan, Montenapoleone 8, to global luxury group Kering for approximately €1.3 billion. We believe this to be the largest ever single asset sale in Italy.

BPPEH has successfully completed a tender offer across its €650 million 2.200% fixed rate notes due July 2025 and £350 million 2.000% fixed rate notes due October 2025. The transaction reflects BPPEH’s ongoing commitment to proactively manage its financial liabilities.

Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) has published an Investor Presentation on our website (www.bppeh.com) in relation to the 2023 Half Year Report.