10 Nov 2025
Simpson Thacher Advises Blackstone Real Estate Debt Strategies on £2 Billion Partnership with Pluto Finance
"Simpson Thacher represented Blackstone Real Estate Debt Strategies in establishing a partnership with Pluto Finance to provide development and investment loans to real estate owners and developers across the UK and continental Europe. The partnership targets asset classes including logistics, rental and for‑sale housing, purpose‑built student accommodation and co‑living, with loans of £25–100m and an initial deployment target of £2bn over two years."