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Announced

Blackstone Group to acquire an industrial real estate portfolio from Proudreed for €2.3bn.

Synopsis

Blackstone Group, an alternative asset manager, agreed to acquire an industrial real estate portfolio from Proudreed, a private real estate company, for €2.3bn.

Principals

Proudreed (industrial Real Estate Portfolio)

target

Proudreed (industrial Real Estate Portfolio)

Blackstone Group

bidder

Blackstone Group

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MergerLinks - Blackstone Group to acquire an industrial real estate portfolio from Proudreed for €2.3bn.