Blackstone to Acquire U.S. Logistics Assets from GLP for $18.7 Billion

Posted on 06/03/2019

GLP Pte. Ltd. and The Blackstone Group reached an agreement for Blackstone to acquire assets from three of GLP’s U.S. funds for a purchase price of US$ 18.7 billion. This overall transaction totals 179 million square feet of urban, infill logistics assets, nearly doubling the size of Blackstone’s existing U.S. industrial footprint. Blackstone Real Estate’s […]

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