Danish industrial properties part of EUR 65.7 million Blackstone deal

Funds belonging to US investor Blackstone are buying European industrial properties, including Danish properties from an Australian investor. The sales profits will be spent on new investments.

C.F. Tietgensvej 10, is used as a warehouse and provides office spaces, will now be owned by Blackstone. | Photo: PR/Cromwell

Two industrial properties located in Kolding and Vejle in Western Denmark will soon be owned by US investor Blackstone.

The properties are two of 12 properties in Western Europe which Australian asset manager Cromwell Property Group is selling together for a total of EUR 65.7 million (DKK 490 million), the company reports.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Akademikerpension divests utility companies

More than 200 utility companies have been excluded from Akademikerpension's investment universe. The pension fund is now divesting equities and bonds equivalent to 0.5 percent of assets under management.

Qblue aims to reach a wider audience

Bjarne Graven Larsen's QBlue Balanced wants to reach more international investors, he tells AMWatch. He also discusses why he thinks the quant winter has made way for a quant spring.

Evli records AUM growth exceeding 24 pct

New client wins, additional investments from existing clients and the positive market impact increased the assets under management by private and institutional mandates to a new record, writes Evli Group CEO Maunu Lehtimäki.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch