PBV Insights
Log In Get Started
News
09 Oct 2025

Proudreed Acquires €2.3 Billion Industrial Portfolio from Blackstone in Major Transaction

"Proudreed, a leading private real estate group in France, has signed a firm agreement with a Blackstone-managed fund to acquire its portfolio and platform valued at €2.3 billion. This significant transaction highlights Proudreed's strong business model and Blackstone's confidence in the French market. The deal includes approximately 500 industrial assets, with 67 secured development projects, covering 2 million square meters of industrial and logistics sites, boasting a 92% occupancy rate. Proudreed's experienced management team will continue to oversee the assets, ensuring value creation and quality service for tenants. Non-industrial assets, including 250 office and retail buildings valued at €750 million, will remain with Proudreed's historical shareholders."

**Law Firms Involved in the Transaction:** Clifford Chance advised Proudreed on this transaction, providing a multidisciplinary team to assist with various aspects of the deal. **Transaction Overview:** Proudreed, one of the leading private real estate groups in France, has signed a firm agreement with a fund managed by Blackstone for the acquisition of its portfolio and platform valued at €2.3 billion. This transaction marks a significant milestone in the company's history, highlighting the strength of its business model and Blackstone's confidence in the robustness of the French market. The agreement entails Blackstone acquiring approximately 500 industrial assets, including 67 secured development projects, representing 2 million square meters of industrial and logistics sites with a 92% occupancy rate. Proudreed's management team, led by Christophe Le Corre, will continue to oversee the assets and development projects. **Lawyers Involved:** - **Clifford Chance (Proudreed)** - Alexandre Lagarrigue, Partner (Tax) - Marianne Pezant, Partner (Corporate M&A) - David Gérard, Counsel (Real Estate) - Pierre Goyat, Partner - Rémy Lefebvre, Counsel - Pascale Ekue, Associate - Manon Hinge, Associate - Adrianna Gelbert, Associate - Théo Piazza, Associate - Andréa Pilisi, Associate - Hanene Zemir, Associate - Elise Poiraud, Associate - Adeline Nayagom, Counsel (Corporate M&A) - Reina Mahmoud, Associate (Corporate M&A) - Alexandre Couturier, Partner (Real Estate) - Antoinette Gru, Associate (Real Estate) - Pierre-Benoit Pabot du Châtelard, Partner (Finance) - Louis-Antoine Frentz, Counsel (Finance) - Sophie Laporte, Associate (Finance) - Maha Gharbi, Associate (Finance) - Katrin Schallenberg, Partner (Antitrust) - Camille Gautier, Associate (Antitrust) - **Clifford Chance (London Office)** - David Saleh, Partner (Tax) - Edward Page, Partner (Tax) - Nick Humphries, Associate (Tax) - Nicholas Rees, Partner (Corporate M&A) - Philippa Lawson, Senior Associate (Corporate M&A) - Eseosa Obasogie, Associate (Corporate M&A) - Alis Pay, Partner (Real Estate) - Barry O'Shea, Partner (Finance) - Giovanni Leuratti, Senior Associate (Finance)
Read the full story

Register for free to access daily news.

Register Free
Already registered? Login
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.