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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.

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