Publications

Transactions - NOVEMBER 29, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Blackstone-backed firm buys €213m urban warehouse portfolio

by Andrea Zander

St. Modwen Properties, which is owned by funds managed by Blackstone, has acquired a £180 million (€212 million/$240 million) portfolio of urban warehouses from Argo Real estate.

The portfolio consists of eight properties, mostly in London with one in Manchester, totaling 717,000 square feet.

In May 2021, Blackstone acquire St. Modwen Properties for $1.7 billion.

Forgot your username or password?