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Blackstone-sponsored £507 million CMBS prices at second keenest European margin in five years

Europe's CMBS market has already seen close to four times the amount of last year's issuance
Manchester's Metro 190 is in on the portfolio. (CoStar)
Manchester's Metro 190 is in on the portfolio. (CoStar)
CoStar News
October 21, 2025 | 1:44 P.M.

UK Logistics 2025-2 DAC, a £507 million Blackstone-sponsored commercial mortgage-backed security, collateralised by 114 Indurent logistics assets, has priced at the second-most competitive margin for a CMBS in Europe in nearly five years.

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