CBRE Global Investors has sold 14 retail properties in Holland on behalf of the CBRE Dutch Retail Funds to Blackstone Real Estate Partners Europe IV.
The assets will be added to Blackstone’s European retail platform, Multi Corporation.
Covering 1.2m sq ft, the portfolio is located in city centres and residential areas in Nootdorp, Utrecht and Leusden and other cities. Anchor retailers include Ahold, Blokker and H&M.
Blackstone was advised by Loyens & Loeff, CVO, PWC, and CBRE. ING provided financing.
