Blackstone sold its entire Fidere residential portfolio in Spain to Brookfield for a gross purchase price of €1.2 billion (US$1.4 billion). The deal represents a full divestment of the Fidere platform, signaling portfolio rotation by Blackstone and strategic residential asset accumulation by Brookfield in Spain. Only the gross purchase price was disclosed; no timing, financing or profitability details were provided.
Blackstone sold its entire Fidere residential portfolio in Spain to Brookfield for a gross purchase price of €1.2 billion (US$1.4 billion). The deal represents a full divestment of the Fidere platform, signaling portfolio rotation by Blackstone and strategic residential asset accumulation by Brookfield in Spain. Only the gross purchase price was disclosed; no timing, financing or profitability details were provided.
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