Blackstone Starts New Northern Europe Logistics Platform

Blackstone has launched a new investment platform in the logistics services sector in Northern Europe, called "Norla," aimed at supporting the e-commerce industry through more than 200 facilities covering an area of over two million square meters. These facilities are located in Sweden, Denmark, and Finland, with operations set to begin next year. The fund's initial assets are valued at approximately €3 billion (around $3.41 billion), tailored to meet investor demands for more targeted exposure based on location and asset type. The platform's goal is to boost investments in a rapidly growing sector focused on last-mile delivery centers.

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