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Blackstone backs Brookfield and Copley Point UK logistics portfolio

Brookfield and Copley Point Capital have secured a £153m loan to refinance a 1.6m sq ft logistics portfolio in the UK.

Blackstone Real Estate Debt Strategies provided the funding, which was arranged by Newmark Group.

The portfolio spans four prime warehouse, located across the North West, East Midlands and London, let on long-term leases to a diversified roster of tenants.

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