Blackstone has agreed terms to sell the entire Fidere residential portfolio in Spain to Brookfield Asset Management for €1.2 billion in what is both the largest multifamily transaction in that country since the Great Recession and the first real estate deal for more than €1 billion (US$1.16 billion) since the Iran war began.
Brookfield buys Madrid multifamily portfolio from Blackstone for €1.2 billion
Deal is first €1 billion-plus real estate trade since Iran war began
By Paul Norman
CoStar News31 March 2026 | 9:32
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalised Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- Blackstone Inc.
Finance and Insurance
- Brookfield Asset Management, Inc.
Finance and Insurance
- JLL
Real Estate
- Eastdil Secured, LLC
Finance and Insurance