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BX Blackstone Inc

117.75
-1.24 (-1.04%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Blackstone Inc NYSE:BX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.24 -1.04% 117.75 123.11 117.75 121.50 4,436,984 01:00:00

Castellum Buys Finnish Real-Estate Company From Blackstone and Brunswick for $763 Million

05/07/2021 7:25am

Dow Jones News


Blackstone (NYSE:BX)
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From May 2021 to May 2024

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By Dominic Chopping

 

STOCKHOLM--Swedish real-estate company Castellum AB said Saturday that it is buying a Finnish property portfolio through the acquisition of Kielo from Blackstone Tactical Opportunities and Brunswick Real Estate for 6.5 billion kronor ($763 million).

Kielo's portfolio consists of 22 office properties spread across the Helsinki metropolitan area and university towns of Tampere, Turku, Jyvaskyla and Lahti.

Of the current 314 individual tenants, the public sector, blue-chip and/or large companies account for 63% of gross rental income and the largest tenants are public institutions and blue-chip companies such as AFRY AB, Nokia Corp. and Siemens AG, it said.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

July 05, 2021 02:13 ET (06:13 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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