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ARTICLES TAGGED WITH "Blackstone"

Christian Hohenthal Leaves JLL for Blackstone Company

Finland — JLL has announced that Tero Lehtonen has been appointed as CEO of JLL Finland to succeed Christian Hohenthal who will leave in January 2020 to join Sponda plc as CEO. Sponda is majority owned by real estate funds managed by Blackstone.

Vonovia: “This Is Very Important for Us”

Sweden — Nina Henckel, Head of Corporate Media at Vonovia, tells Nordic Property News about the successful mandatory cash offer of Hembla, the German giant’s expansion plans in Sweden and whether Vonovia was surprised over the independent committee’s initial statement over the bid.

Nordika and Partners Group Divests to Blackstone JV

Sweden — The property is fully let with a lettable area of approximately 13,000 square meters of logistics and light industry in Stenvreten's industrial area in the city of Enköping.

Vonovia Gets Competition Clearance to Acquire Blackstone's Hembla Shares

Sweden — Vonovia can now complete its acquisition of 69.3 percent of the voting rights (61.2 percent of the share capital) in Hembla. That means that Vonovia will be Sweden's largest residential company.

The Foreign Owners in the Real Estate Companies

Nordic — Nordic Property News presents the foreign holdings in the Nordic listed real estate companies.

Hembla’s CEO on the Blackstone Divestment to Vonovia

Sweden — “Vonovia is the indisputable leader and has the best-in-class management across Europe,” says Svein-Erik Lilleland.

Blackstone Appoints COO to 360 North

Denmark — 360 North continues to strengthen its leadership and organization, and as part of it, Kenneth Ohlendorff has been named COO and Executive Board member.

The Blackstone Company’s Logistics Targets in the Nordics

Nordic — Blackstone has launched Mileway – the largest last mile logistics real estate company in Europe. CEO Emmanuel Van der Stichele tells Nordic Property News about the Nordic expansion plans and what attracted him to join the Blackstone team.

Why Blackstone Terminates Purchase Agreement in Denmark

Denmark — Frederiksberg Housing Fund and Blackstone’s Danish residential platform 360 North has entered into an agreement to terminate a purchase agreement in Denmark. Flemming Brank, Chairman of the Frederiksberg Housing Fund, and 360 North’s CEO Lars Pærregaard on the decision.

Why Sweden Attracts the German Giant

Sweden — After the major purchase of Hembla from Blackstone: Vonovia’s CEO Rolf Buch tells Nordic Property News about the future in Sweden. “We have demonstrated that our business model works outside Germany.”

"Blackstone Has Made a Great Journey"

Sweden — Peter Wiman, Head of Research at Savills Sweden, on Vonovia's acquisition of Hembla from Blackstone and whether this will attract more international investors to the Swedish residential market, going forward.

Blackstone Sells Its 61 Percent Stake in Hembla to Vonovia

Sweden — Blackstone announce the sale of their 61 percent shareholding, which controls 69 percent of the voting rights, in Hembla to Vonovia, for SEK 215 per share.

Blackstone: “The Nordics Remain a Core Region”

Sweden — James Seppala, Head of Real Estate Europe at Blackstone Group, on the major purchase from the real estate legend Rutger Arnhult, why they will continue to invest in Sweden in the future and how important the Nordic region is for the investment giant.

Klövern Divests Seven Properties to Blackstone for SEK 622M

Sweden — Klövern divests seven properties in Örebro, Kalmar, Halmstad, Linköping and Västerås for a total underlying property value of SEK 622 million (EUR 60M) to funds managed by Blackstone.

Blackstone’s Latest Recruitment: ”Copenhagen Holds Attractive Investment Opportunities”

Denmark — Blackstone’s residential platform in Denmark, 360 North, has a new CFO. Ole Markussen tells Nordic Property News about having Blackstone as an owner, future investments and the development of the Danish real estate market.

Blackstone's Danish Platform 360 North Appoints CFO

Denmark — 360 North has strengthened its leadership with the appointment of Ole Markussen as CFO and member of the Executive Board with accession on September 1, 2019.

Blackstone Gets Green Light on Project in Copenhagen CBD

Denmark — The Municipality of Copenhagen has granted Blackstone, via 360 North, permission to redevelop the historic studios in the artist's house Holckenhus to apartments.

This Is Blackstone’s Residential Focus in Denmark

Denmark — Blackstone's Danish Residential Platform 360 North's CEO Lars Pærregaard on his new position and what his main tasks will be, going forward.

Lars Pærregaard Appointed CEO of Blackstone’s Danish Residential Platform

Denmark — Blackstone announced that Lars Pærregaard has been appointed CEO of its Danish Real Estate Platform, 360 North. His appointment follows the acquisition of 360 North by real estate funds managed by Blackstone last month. Lars was formerly Investment Director of the platform.

The American Giant’s Nordic Acquisitions

Nordic — Nordic Property News lists Blackstone’s largest purchases in the Nordics, the last years.

Blackstone: “One of Europe’s Key Real Estate Markets”

Sweden — James Seppala, Head of Real Estate Europe at Blackstone Group, tells Nordic Property News about the major purchase in Sweden, the importance of the Nordic market and future investment targets.

Blackstone Acquires Large Swedish Portfolio from Corem

Sweden — Blackstone acquires a portfolio of 30 properties in Sweden from Corem. The transaction price is SEK 4.2 billion (EUR 395M).

Last Month’s Largest Nordic Transactions

Nordic — Nordic Property News lists the largest Nordic transactions in April. "An active month on the Nordic transaction market," says Mikael Söderlundh, analyst and partner at Pangea Property Partners.

Blackstone Acquires 360 North

Denmark — Blackstone acquire 360 North and integrates the company into long-term Danish residential platform.

Blackstone Acquires in Stockholm

Sweden — Blackstone and Scius Partners acquire Skjutsgossen 12 on Södermalm, Stockholm from AFA.