PLMJ advises Blackstone on €330m logistics portfolio acquisitions

PLMJ has advised the US asset manager Blackstone on two acquisitions of portfolios of logistics. They add up to a total investment of more than €330 million, with around 530 thousand square metres spread over 35 properties.

A multidisciplinary team from PLMJ was involved in advising on the transactions. Sofia Gomes da Costa (pictured), a partner in the firm’s real estate and tourism practice area, was assisted by Sérgio Antunes Teixeira and Fernando Costal Carinhas, coordinating associates from the same area.

These investments from Blackstone double its logistics portfolio in Portugal, which rises to more than 1000 square meters. The properties in question are rented to several distribution and retail companies, representing a clear bet from Blackstone in the logistics sector in Portugal, confirming the trend of strong demand for distribution centres.

PLMJ advises Blackstone on €330m logistics portfolio acquisitions

Michael Heron

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Lawyer
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram