by Ákos Budai
Real estate funds managed by Blackstone have agreed to sell their pan European logistics company, Logicor, to affiliates of China Investment Corporation (CIC) for €12.25 billion. Logicor owns and operates a portfolio of high-quality logistics assets totalling 147 million square feet, in 17 countries with over 70% concentrated in the UK, Germany, France and Southern Europe.
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