Blackstone's first European commercial mortgage-backed security of the year, Sequoia Logistics 2025-1 DAC, the largest euro-denominated issuance CMBS since 2021, has priced at a weighted average margin of 192 basis points, the tightest on a direct CMBS in four years.
Blackstone's €525 million CMBS prices at most competitive margin in four years
Appetite for logistics securitisation suggests the market is picking up in Europe
By Paul Norman
CoStar News
February 7, 2025 | 2:37 P.M.
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- Companies
- Blackstone Inc.
Finance and Insurance