By winning a highly competitive tender for the acquisition of the Paris Trocadéro business center with a bid in excess of €700 million, then by recently acquiring the Proudreed platform and its industrial portfolio for €2.3 billion, Blackstone has signed two of the most emblematic deals of the French real estate year in 2025. James Seppala, chairman of Blackstone Europe and head of real estate Europe, talks to Business Immo about the American giant's roadmap for France in general, and for these two new assets in particular.