Announced
Completed
Financials
Tags
United Kingdom
property investment
Completed
Acquisition
Private
Natural
Real Estate Services
Single Bidder
Private Equity
Synopsis
Blackstone and M7 Real Estate, real estate firms have agreed to buy a majority of Hansteen, property investment company for a $1.4bn. “It’s certainly possible we will get offers. I think we are in a period of unfamiliar territory in that suddenly urban logistics is the sexy sector, having for many years been under the radar. Clearly, it is now in the sight of a lot of global and domestic players. It wouldn’t be a surprise if people picked up the phone and wanted to talk to us, but we are happy with the business as it is going forward." Ian Watson, Hansteen CEO.
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