Contera has announced a strategic partnership with Blackstone, the alternative asset manager. Blackstone has agreed to acquire CT's Real Estate portfolio of 10 logistics parks for approximately €470 million.
The transaction marks a major milestone for Contera as it continues to expand its operations in the industrial real estate sector. The company continues to manage and operate its Contera Parks across the Czech Republic and Slovakia. With Blackstone’s majority ownership in the portfolio, Contera aspires for more growth, building on its fruitful partnership with TPG Real Estate that started back in 2019.
Founded in 2009, Contera owns and operates industrial parks in major locations in the Czech Republic and Slovakia. Most buildings in these parks have been completed and leased to leading Czech and international companies, mainly in the logistics and manufacturing fields.
