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Blackstone raises more than $10bn for Europe-focused property fund

New fund is almost 26% larger than Blackstone’s predecessor European investment vehicle

Blackstone Group has raised €9.8bn for its latest and largest European real estate fund, despite the economic upheaval created by the coronavirus pandemic.

Blackstone Real Estate Partners Europe VI is almost 26% bigger than its predecessor. Blackstone raised €7.8bn for its fifth European property fund before closing it in 2017.

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