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Blackstone Real Estate Acquires a Portfolio of Swedish Logistics From Corem Property Group AB

10.26.23

Simpson Thacher represented Blackstone Real Estate in connection with an agreement to acquire a portfolio of logistics properties from affiliates of Corem Property Group AB. The portfolio consists of 24 logistics properties throughout Sweden, valued at approximately SEK 1,160 million. The agreement is conditional on approval from the Swedish Competition Authority.

The Simpson Thacher team included Sam Charlton, Tom Lloyd, Hun Lee and Ndjodi Ndeunyema (Real Estate); Étienne Renaudeau (Antitrust); and Sarah Lindley and Phoebe Adams (Tax).