Blackstone creates new residential socimi with 4,000 units

Blackstone creates new residential socimi with 4,000 units

 

According to EjePrime, advancing the news, these units concern to a portfolio acquired from Banco Sabadell. It will join socimis Fidere, Corone and Albirana, already established by the American and quoted on MAB. At the moment of the operation, it has a value of about €600 million.

The socimI will consist essentially of houses, but also includes some commercial assets, part of the Empire Project, purchased from Sabadell.

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