Consideration for the sale of the asset by Vastned is the relative size of the asset compared to the portfolio of Vastned.

With the Powerledger platform, MYTILINEOS and Protergia’s consumers can now track, trace, and visualise where their energy comes from in near real-time.

The acquisitions have been made using the proceeds of November's €165 million (£147 million) capital raise.

The company invested in Greenthesis S.p.A, Italy’s leading independent and fully integrated waste management company

The sale of Via Monte Napoleone 8 marks the largest-ever single asset real estate sale by Blackstone in Europe.

The management of the hotel and the branded residences will be assigned to an internationally renowned management company.

Under the PPA signed, MYTILINEOS will be able to offtake 80% of the energy produced, enhancing further its green supply basket.

Union Investment was advised on the transaction by JLL and Linklaters Stockholm.

A study by IOBE presented jointly with TMEDE estimates that more than €52 billion will "fall" on the market in the next three years.

Construction of the scheme has commenced with cores for each block now complete and completion still on track for 2026.