Blackstone Real Estate Income Trust, Inc. announced that an affiliate has completed its acquisition of WPT Industrial Real Estate Investment Trust.
With this transaction CTP has crossed the threshold of two million square meters of logistics spaces in Romania.
The company has a plot of 18,730 sqm. in Neos Faliro with a permit for the construction of a building complex of 57,450 sqm.
The property was acquired in September 2018 for €965.000.
Grupo Roxa will retain a minority interest in the hotel.
The property comprises 58 fully furnished apartments with total surface area of 3,600 sqm.
BioMed is a leading provider of real estate solutions to the life science and technology industries.
The proceeding entity was Poseidon Financial Investor DAC (Fortress Investment Group) .
The sale price of this portfolio reflects the current dynamics of the Greek real estate market for properties with significant investment characteristics .
The property is fully leased to a well-known retail chain.
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