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.
BPPEH will host an investor call and webcast with James Seppala, Head of Real Estate Europe at Blackstone, to review BPPEH’s FY2019 results and provide an update on the business. The call will take place on Thursday, 30 April 2020, at 4:00pm BST / 5:00pm CEST.
BPPEH has acquired 16 logistics properties located primarily in Germany and the Nordics for €572 million. The acquisitions are consistent with BPPEH’s focus on acquiring high-quality logistics assets in key European distribution hubs.
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) announces the successful issuance of €500 million 0.500% fixed rate notes due 2023 and €600 million 1.750% fixed rate notes due 2029 under its Euro Medium Term Note Programme.
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.
