NL - Blackstone acquires 14 retail assets in the Netherlands

Blackstone Real Estate Partners Europe IV (Blackstone) acquired 14 Dutch retail assets from CBRE Global Investors. CVO Group supported Blackstone with technical due diligence services.

Kloosterveste, Assen

The assets were added to Blackstone’s European retail platform, i.e. Multi Corporation.
The acquired portfolio consists of 107,500 sqm and is located in city centres and residential areas across the Netherlands such as Nootdorp, Utrecht and Leusden. Anchor retailers include Ahold, Blokker and H&M.

Besides by the CVO Group, the investor was assisted by Loyens&Loeff and PWC.

Based on an article by Multi Corporation of December 2014.