US asset management giant Blackstone has added to its Mileway European logistics platform with the acquisition of a portfolio of last-mile logistics assets in the UK and France from InfraRed Capital Partners’ InfraRed Active Real Estate Fund IV for £250 mln (€290 mln).
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.
