Blackstone is planning a UK commercial mortgage-backed securities (CMBS) sale of up to £500m ($670m), underpinned by its logistics and industrial property assets held through Indurent, according to Bloomberg. The deal could be launched as early as this month.

The transaction comes amid a tentative revival in Europe’s CMBS market following several years of muted activity. Blackstone itself recently completed Haven, a £1.5bn CMBS backed by UK holiday parks, while Bank of America has brought deals tied to shopping centres and London offices.

Unlike the struggling office sector, logistics and warehousing have remained a bright spot for securitisation, with investor demand buoyed by the rapid expansion of e-commerce and same-day delivery services.

Indurent, created by Blackstone in 2024, consolidates its UK logistics holdings, including St Modwen Logistics and Industrials REIT. The platform spans more than 30m square feet of industrial and logistics space.

The planned deal underscores private equity’s growing use of securitisation markets to unlock value from resilient real estate sectors, particularly those linked to long-term structural trends such as online shopping.

If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com.

Can`t stop reading? Read more.