BPPEH has signed a definitive agreement to acquire 12 logistics assets in Sweden, Denmark, and Finland for €289 million. The acquisition is consistent with BPPEH’s focus on acquiring high-quality logistics assets in key European distribution corridors. While this transaction marks BPPEH’s first acquisition in the Nordics, BPPEH will be able to leverage Blackstone Real Estate’s longstanding presence in the region, where it currently manages over 2.4 million square meters of logistics space.
Today, Standard and Poor’s (“S&P”) announced that it has upgraded Blackstone Property Partners Europe Holdings S.à r.l.’s (“BPPEH”) credit rating to BBB with a stable outlook. At the same time, S&P upgraded the rating of BPPEH’s €5 billion euro medium-term note (EMTN) programme to BBB.
BPPEH has signed definitive agreements to acquire 21 logistics assets in France for €606 million. The acquisitions are consistent with BPPEH’s focus on acquiring high-quality logistics assets in key European distribution corridors.
Today, Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) acquired a 94-asset (496-unit) Dutch residential portfolio. The properties are 92% leased and are exceptionally well located in the city centers of Amsterdam and Rotterdam. This transaction is a continuation of BPPEH’s strategy of acquiring high-quality, well-located multifamily assets in innovation cities. BPPEH secured the portfolio off-market by offering a one-stop solution and execution certainty to private sellers.
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) announces the successful issuance of €500 million 2.000% fixed rate notes due 2024 under its Euro Medium Term Note Programme.
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) has filed its Q4 2018 update with The International Stock Exchange.