Blackstone Real Estate Acquires a Portfolio of Logistics Properties from Corem Property Group AB
12.15.22
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Simpson Thacher represented Blackstone Real Estate in connection with an agreement to acquire a portfolio of logistics properties from an affiliate of Corem Property Group AB. The portfolio consists of 47 logistics properties throughout Sweden, valued at approximately SEK 5,350 million. The agreement is conditional on approval from the Swedish Competition Authority.
The Simpson Thacher Team included Sam Charlton, Tom Lloyd, Alessandro Patti, Emma Goodwin and Hun Lee (Real Estate); Étienne Renaudeau and Sandeep Mahandru (Antitrust); and Phoebe Adams and Daisy Dai (Tax).