BPPEH Issues €550 Million of Unsecured Notes
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) announces the successful issuance of €550 million 1.000% fixed rate notes due 2028 under its Euro Medium Term Note Programme.
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) announces the successful issuance of €550 million 1.000% fixed rate notes due 2028 under its Euro Medium Term Note Programme.
BPPEH has acquired an approximately 74% controlling interest in two high-quality office properties well-located in Dublin’s city centre for a gross purchase price of €292 million. The acquisition is consistent with BPPEH’s strategy of investing in high-quality office assets within European knowledge centres.
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) has published its 2020 Annual Report and Green Financing Framework, which received a positive Second-Party Opinion from Sustainalytics. The 2020 Annual Report, Green Financing Framework, and Second-Party Opinion are now available on our website (www.bppeh.com).
BPPEH has acquired Bedfont Logistics Park in the U.K. for a gross purchase price of £119 million. The acquisition is consistent with BPPEH’s focus on acquiring high quality logistics assets in key European distribution corridors.
BPPEH has acquired a portfolio of two high-quality, well-located office properties in Milan, Italy for a gross purchase price of €137 million.
BPPEH has completed the acquisition of 28 logistics properties in France and Germany for a gross purchase price of €271 million. Closings occurred in phases during September and October 2020.
BPPEH has acquired a portfolio of 22 logistics properties in the U.K. for a gross purchase price of £473 million. The acquisition is consistent with BPPEH’s focus on acquiring high quality logistics assets in key European distribution corridors and marks BPPEH’s first acquisition in the U.K.
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) announces the successful issuance of €600 million 1.250% fixed rate notes due 2027 under its Euro Medium Term Note Programme.
BPPEH has agreed to acquire a portfolio of eight logistics properties in Sweden for a gross purchase price of SEK 2.1 billion (approximately €200 million). The acquisition is consistent with BPPEH’s focus on acquiring high quality logistics assets in key European distribution corridors. Closing on seven of the properties occurred on 15 October 2020, with closing on the remaining property expected in early 2022.
Blackstone Property Partners Europe Holdings S.à r.l., rated BBB (Stable) by S&P, has mandated Morgan Stanley and SEB to arrange a series of Nordic fixed income investor meetings commencing on Thursday, 8 October 2020. SEB will coordinate logistics.