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Blackstone raises $2.9bn for property fund

Blackstone raises billions for its open-ended European real estate fund.

Fund name: Blackstone Property Partners Europe
Fund type: Open-ended
Latest fundraising amount: $2.9 billion
Total amount raised: $8.32 billion
Launch date: August 2017

Blackstone has recently raised $2.9 billion for its Blackstone Property Partners Europe open-ended fund. In two years the fund has raised over $8 billion and plans to invest in core-plus projects throughout Europe.