Paris – A jointly-owned affiliate, managed by Blackstone, of real estate funds managed by Blackstone and of Ivanhoé Cambridge, both acting in concert, has completed the acquisition from Metrovacesa SA of 4,350,000 shares representing 6.90% of Gecina’s share capital and voting rights.
The concert comprised of Blackstone and Ivanhoé Cambridge currently holds 18,826,248 shares of Gecina, which represent 29.87% of Gecina’s share capital and voting rights, and make it the largest shareholder. The concert has no intention to hold 30% or more of Gecina’s share capital and voting rights.
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