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.

We would like to inform you that Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) has published its 2023 Half Year Report. An Investor Presentation and accompanying recording will be made available in due course, and we remain available to address any questions.

BPPEH has completed the disposal of a portfolio of five high-quality logistics properties in Germany for €264 million.

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 2022 full year earnings.