The ink isn’t dry on Blackstone Group’s $18 billion buy of a U.S. warehouse portfolio, and it’s already negotiating to sell part of it. The company, which finished its transition into a corporation this month, is drumming up interest from potential buyers for pieces of the GLP Pte portfolio, Bloomberg reported. Prologis is in private discussions to buy one such portfolio, valued at $1 billion. Blackstone’s $18.7 billion deal for the Singaporean company’s 179 million-square-foot […]
source https://therealdeal.com/national/2019/07/19/blackstone-is-already-selling-pieces-of-the-18b-glp-industrial-portfolio/#new_tab
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