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Blackstone raises Europe's largest-ever real estate drawdown fund

US giant says €9.8 billion raised at 'opportunity rich' time
The group is ready for a major investment again in European real estate. Photographer: Mark Abramson/Bloomberg via Getty Images (Getty Images)
The group is ready for a major investment again in European real estate. Photographer: Mark Abramson/Bloomberg via Getty Images (Getty Images)
CoStar News
April 9, 2025 | 8:47 AM

Blackstone has announced the final close of its latest European real estate fund, Blackstone Real Estate Partners Europe VII, with €9.8 billion ($10.6 billion) of total capital commitments.

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