Blackstone invests in urban logistics in Europe

Publication

24 February 2022 à 17h34

Updated on 25 February 2022 à 16h37

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1 minute

Publication: 24 February 2022 à 17h34, Updated on 25 February 2022 à 16h37

Reading time: 1 minute

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Publication

24 February 2022 à 17h34

Updated on 25 February 2022 à 16h37

Reading time

1 minute

Publication: 24 February 2022 à 17h34, Updated on 25 February 2022 à 16h37

Reading time: 1 minute

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As demand for urban warehouses accelerates, Mileway, a Dutch logistics company owned by Blackstone, reaches a US$24 billion valuation.

Founded in Amsterdam in 2019, Mileway has 1,700 urban warehouses in densely populated cities in 10 European countries, including Germany, U.K., Netherlands, Sweden and France. Customers include Amazon, Deliveroo and Deutsche Post. Typically, Blackstone investment funds (which include U.S. pension funds and international sovereign wealth funds

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