The platform will continue to build on the 360 North team’s deep local knowledge and outstanding track record. By drawing on this record and Blackstone’s capital, ability to scale, and decades of experience as responsible and proactive owners, it will continue to deliver the highest quality service for residents, while investing in the community and creating jobs in Copenhagen. The platform intends to own its assets for decades, and is continuing to focus on investments such as renovating homes, addressing maintenance backlogs and improving sustainability, while bringing additional units to market which will contribute to addressing the housing shortage in Copenhagen.
“This integration represents the natural evolution of our portfolio in Denmark. We are grateful to Nils Jansson and the 360 North team who established and have grown this best-in-class organization and will build on the operational excellence established by 360 North as we continue to put residents and communities at the heart of everything we do,” says James Seppala, Head of European Real Estate at Blackstone.