Announced
Financials
Sources
Tags
Sweden
Pending
Real Estate Holding and Development
warehouse asset
logistics assets
Acquisition
Majority
Private
Private Equity
Cross Border
Real Estate
Friendly
Single Bidder
real estate
Synopsis
Blackstone, a private equity firm, agreed to acquire 24 properties of Corem Property Group, a real estate services firm, for $104m. The property portfolio consists of properties located in Stockholm, Jönköping, Malmö and Norrköping. The transaction frees up capital to strengthen Corem’s long-term financial capacity, as well as for prioritized investments.
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