Feb
22
Blackstone Nabs $1.7B US Portfolio from Swedish Pension Fund
ByJLL has arranged the transaction, which is part of the $2.1 billion disposition of Stockholm-based Alecta’s 4.5 million-square-foot international commercial portfolio.
Barbra Murray, Contributing Editor
New York and London—JLL knows how to multitask. The commercial real estate services firm not only arranged the $2.1 billion sale of Stockholm-based Alecta’s 4.5 million-square-foot international commercial portfolio to two separate buyers—investment giant Blackstone and a global investment bank—but it also orchestrated acquisition financing on Blackstone’s behalf…
Blackstone Nabs $1.7B US Portfolio from Swedish Pension Fund