Login

Blackstone buys IDI Gazeley's Spanish and Italian industrial platforms

IDI Gazeley has exited the Spanish and Italian industrial markets with the sale of 2.2m sq ft of logistics assets to Real Estate Funds managed by Blackstone for an undisclosed price, CoStar News can reveal.
CoStar News
November 3, 2016 | 4:25 P.M.

The sale comprises six logistics assets; 1.4m sq ft in Italy and 755,000 sq ft in Spain. The six warehouse units, which have all been developed by IDI Gazeley, are located across five logistics parks in strategic and sustainable micro locations anchored around the core logistics hubs of Madrid and Milan.

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 Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In