Blackstone secures £58m loan facility from LaSalle for UK industrial portfolio

Nobu Hotel Shoreditch

LaSalle Investment Management has issued a £58m five-year mezzanine loan facility to Blackstone for the acquisition of 59 UK industrial assets.

The loan is being provided by LaSalle’s £804m LREDS III fund, which invests across western Europe with a primary focus on the UK.

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