Interview: Blackstone's European head Seppala: "It's crucial to invest in the right sectors and assets"
The head of European operations at Blackstone, the world's largest commercial real estate investor, on the debate over expropriation in Berlin, sectors with good growth prospects and the human factor.
Blackstone, the world's largest commercial real estate investor, is not overly concerned about the potential for property expropriation in Berlin following the recent left-wing victory. The company has a relatively small residential portfolio in Germany and is more focused on understanding the regulatory and legal framework for investments.
Despite challenges in the German market, including rising interest rates, Blackstone remains committed to investing in the country and sees opportunities in various sectors, particularly logistics. The company has invested around €10 billion in European real estate so far this year and expects to continue investing in Germany, driven by long-term growth prospects.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
