CIC Sells 10% Logicor Stake to Blackstone Fund
Posted on 12/12/2017
The China Investment Corporation (CIC) is selling a 10% stake of in European warehouse firm Logicor Ltd to a real estate fund managed by The Blackstone Group. Furthermore, CIC also hired Blackstone to oversee and manage Logicor’s warehouses and logistic properties portfolio. The fund that acquired the stake is Blackstone’s newly-raised US$ 2 billion European […]