Blackstone is among several bidders that have been shortlisted to acquire a more than century-old office block in Paris, with a price tag of 700 million euros, or approximately $800 million. This potential acquisition would represent one of Europe's largest post-pandemic office sales.
The interest from Blackstone underscores its continued focus on prime real estate assets in key global cities. A successful bid would expand Blackstone's European office portfolio, signaling confidence in the recovery and long-term value of high-quality office properties.
Being shortlisted indicates Blackstone's competitive positioning in pursuing significant real estate opportunities. The outcome of this bidding process will determine if Blackstone adds another trophy asset to its extensive global holdings.
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