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Blackstone sells 2 Dutch office buildings

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Capital Markets View – January 2021


Blackstone sells 2 Dutch office buildings

Blackstone Group LP sold the two-building Lotus A&B office property in Rotterdam, the Netherlands, to real estate investor Capreon for an undisclosed amount, Property Magazine International reported.

The 86%-leased property comprises 17,301 square meters and was delivered over a decade ago by developer OVG Real Estate B.V.

The deal marks Capreon's second European transaction since its launch in August 2017, the news outlet added.