Blackstone has applied a selective acquisition and disposal strategy in France, prioritizing investments in lucrative opportunities in the logistics, prime retail and hospitality sectors.
One of Blackstone’s highlight acquisitions over the review period was a €304 million ($325 million) French logistics portfolio purchase from Amundi. This portfolio encompasses multiple strategically situated assets across France and aligns with Blackstone’s strategy to enhance its European logistics footprint with high-quality, well-located assets offering reliable rental income streams.
In a parallel investment move, Blackstone acquired two retail units adjoining the prestigious Mandarin Oriental, Paris for €148 million.
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