Blackstone controls Neinver’s logistic and ponders buying the group

Blackstone controls Neinver’s logistic and ponders buying the group

 

According to EjePrime, the logistic portfolio concerns 55 warehouses and 162.000 sqm of industrial terrains, located all over Spain. A large part of this portfolio belonged to Colver, the joint venture Neinver created with Colony Capital at the end of  2014.

Neinver, Naves Industriales’ new sole partner, is currently Orford Invest, a society hearquartered in Barcelona. The new owner is Corona Patrimonial, one of Blackstone’s REITs.

Now, the American giant is pondering buying Neinver group for around 500 million euro. At the end of last year, the Losantos family, owner of Neinver, placed the group for sale and hired Credit Suisse to find buyers.

Neinver currently manages about 600.000 sqm of shopping centres.

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