China's CIC snaps up Logicor from Blackstone for $14b in Europe's biggest PE realty deal

China's CIC snaps up Logicor from Blackstone for $14b in Europe's biggest PE realty deal

Photo: REUTERS/Brendan McDermid

Private equity group Blackstone has agreed to sell European warehouse firm Logicor to China Investment Corporation (CIC) for 12.25 billion euros ($13.8 billion), cementing China’s position as a player in European private equity exits.

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