PropertyEU

Blackstone, Ivanhoe Cambridge close in on Gecina stake

By Virna Asara 2014-06-06T00:00:00

North American investors Blackstone and Ivanhoe Cambridge are reportedly close to inking the purchase of a 27% stake in Paris-listed property group Gecina for around €1.8 bn, bringing their total stake in the French REIT to nearly 50%.

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