"We continue to see strong demand for high quality, sustainable office spaces that attract the best talent and employers" - JAMES SEPPALA, BLACKSTONE. Property values are dropping in Europe as rising interest rates put off buyers until a clearer picture about how far rates will rise emerges. Be sure to check your spelling. The family-owned cafes and the migrant-run mechanics are shutting up shop. BLACKSTONE EUROPEAN PROPERTY INCOME FUND The real sting for tenants would come further down the line: Once the moratorium expired, tenants would find themselves on the hook for all of the rent in arrears. In an interview with the London Times, Jones said that without transparency of rents, the entire commercial renters market will be in crisis across London and nationally within the next three years.. Last Name First Name Middle Name; Blackstone Europe Fund Management S.a r.l. Blackstone Property Fund Targeting Small Investors Passes $50 Dean was working as an events manager when her job was swiftly made redundant by the pandemic. In mid-August, a handful of business owners gathered in an arch in east London to discuss these developments and how they could resist rent hikes and eventual eviction. BLACKSTONE INC. 97.13. Some investors are taking radical measures. n/a: Street Address 1 Street Address 2; 2-4, Rue Eugene We continue to have full confidence in the core Sponda portfolio and its management team, whose priority remains delivering high-quality retail and office assets.. The company has now defaulted on a $562.5 million bond backed by a portfolio of offices and stores owned by the Finnish company Sponda Oy. An announcement was made in 2017 that Sponda would enter into an agreement to sell all of its shares to a fund managed by the world's largest asset manager, Blackrock. I strongly Residents, however, have complained of the constant noise from mopeds coming and going at all hours, while existing tenants fear the death of local ecosystems of businesses that once served one another. The West Midlands Growth Company (WMGC) recently leased office space in the property. Outside, Deliveroo drivers on bikes pull up near shuttered archways bearing small signs for chain restaurants. LandSec announce this week that 6-9 Harbour Exchange, occupied by Equinix and offered as its LD8 IBX data center, has been sold to Blackstone European Property Income Fund (BEPIF). Blackstone Inc. is a leading asset management giant and a prolific real estate investor. In that case, the owner has to be good at producing what occupiers want and at filling gaps, says Bill Hughes, head of real assets at LGIM. The deal struck fear into the hearts of mechanics, breweries, and bakeries across the country business owners who had already been facing steep rent increases when their properties were publicly owned.
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