REIC

Faced with dwindling liquidity and a wave of demands from investors, Sternlicht’s investment vehicle blocks the doors.

Maximum sale price of the New Shares was set by a decision of the Board of Directors at €2.82 per share.

The fair value of the Group’s investment properties (incl. inventories) amounted on December 31, 2023, to €167.5mn vs €97.0mn as of December 31, 2022

Blackstone' shares surged 83% last year, including reinvested dividends, beating its biggest peers as well as the S&P 500, which returned about 25%.