Blackstone’s Mileway buys £120m UK logistics portfolio from Clearbell

Mileway, Blackstone’s last-mile European logistics real estate business, has bought a £120m (€130.1m) portfolio from the Clearbell Capital UK value-add fund „Clearbell Property Partners III LP“. Blackstone’s acquisition is further evidence of its conviction that ecommerce will be an ever larger part of the retail market. The deal completed…