Tag «blackstone»

Blackstone makes €8 bln bet on European urban warehousing

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Blackstone has acquired an € 8 bln portfolio of warehouses and dark kitchens in Europe. The world’s biggest real estate investor bets that e-commerce and delivery services will play an increasingly big role in Europe. The private equity group created a separate company, Mileway, to hold the properties in a move seen as a precursor to …