News

Telereal and Blackstone buy arches portfolio for £1.46bn

By 2018-09-10T14:36:00

Arches - Old Union Yard, Southwark 2

Network Rail has agreed terms with Telereal Trillium and Blackstone Property Partners for the sale of its commercial estate portfolio for £1.46bn.

Telereal and Blackstone will hold equal ownership stakes with Telereal overseeing the day-to-day property management of the portfolio.

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