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Singapore's Elite Sells UK and European Logistics Portfolio to Blackstone for €520 Million

Portfolio Has 12 Assets in the UK, Germany, Spain, Poland and Czech Republic
The European logistics market is on track for another record year. (Source: Getty Images)
The European logistics market is on track for another record year. (Source: Getty Images)
CoStar News
December 21, 2021 | 1:40 P.M.

Singaporean real estate fund Elite Partners Capital has sold its first pan-European logistics portfolio, Elite Logistics Fund I, to Blackstone European Property Income Fund for €520 million.

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News | Singapore's Elite Sells UK and European Logistics Portfolio to Blackstone for €520 Million