Blackstone Group’s £115 million acquisition of 1.6 million square feet of logistics units from Clearbell Property Partners II LP


Appleby assisted The Blackstone Group in aBlackstone Group’s £115 million UK property deal £115 million UK property deal.

The properties acquired are in Greater Manchester, Peterborough, Maidstone, Leicester and Banbury, and are used by retailers and distributers looking for well-located warehouses to support their business needs.

Appleby Isle of Man Partner Kyle Sutherland (Picture) and Associate Katherine Johnson advised The Blackstone Group International Partners LLP during the purchase of 1.6 million square feet of logistics units from Clearbell Property Partners II LP.

They worked alongside Jersey-based colleagues Partner Andrew Weaver and Associate Chris Smedley, drawing on Appleby’s unique network of global offshore expertise.

Involved fees earner: Kyle Sutherland – Appleby; Katherine Johnson – Appleby; Andrew Weaver – Appleby; Chris Smedley – Appleby;

Law Firms: Appleby;

Clients: Blackstone;

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