According to El Economista, the American fund wants to take the REIT off the market after having bought most of its capital last year through a takeover. The extraordinary shareholders’ meeting will take place after the conclusion of the purchasing standing order Blackstone placed over the company’s shares, representing 2.09% of its stock, which Blackstone doesn’t control yet.
Last July Blackstone bought 97,9% of Hispania, the largest hotel owner in Spain, in an operation estimated at 2.000 million euro.