Blackstone Inc. is doubling down on its warehousing bet that is aimed at ensuring same-day delivery of food and goods by reinvesting in its European last-mile logistics real-estate company, a transaction valued at almost $24 billion.
The deal represents the biggest private real estate transaction globally since 1995, according to Dealogic. It also ranks as the largest M&A transaction in Europe involving private companies since 2012, according to the data provider.
