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Blackstone Sells Its 61% Stake in Hembla AB to Vonovia SE
September 23, 2019
NEW YORK, Sept. 23 -- Blackstone, an investment firm, issued the following news release:

Blackstone Real Estate Partners Europe IV and its affiliates ("Blackstone") announce the sale of their 61% shareholding, which controls 69% of the voting rights, in Hembla AB to Vonovia SE, for SEK 215 per share.

Hembla AB is a property company that focuses on owning and developing rental residential properties in Greater Stockholm. It has a portfolio of 21,411 apartments . . .

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