Blackstone Real Estate Debt Strategies has provided a £153m (€179.2m) loan to refinance a UK portfolio of four logistics assets owned by Brookfield and Copley Point Capital.

Commercial real estate adviser Newmark Group said it has arranged the loan to refinance the 1.6m sqft logistics portfolio on behalf of the Brookfield and Copley Point joint venture.

Spanning the North West, East Midlands and London regions, the portfolio includes four institutional-grade warehouses with strong reversionary potential, each secured on long-term leases to a diverse mix of well-established tenants.

Brookfield and Copley Point assembled the portfolio during the disrupted capital market environment of 2023.

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