The Blackstone Group LP

06/12/2019 | Press release | Distributed by Public on 06/12/2019 04:50

Lars Pærregaard appointed CEO of Blackstone’s Danish Residential Platform

June 12, 2019 - Blackstone today announced that Lars Pærregaard has been appointed CEO of its Danish Real Estate Platform, 360 North. His appointment follows the acquisition of 360 North by real estate funds managed by Blackstone last month. Lars was formerly Investment Director of the platform.

Lars Pærregaard said: 'I look forward to leading 360 North in delivering the highest quality of service for our residents, while continuing to invest into our portfolio and creating jobs. There will be a particular focus on renovating homes, addressing maintenance needs, improving sustainability, and bringing extra units to the market to help address the housing shortage in Copenhagen.'

James Seppala, Head of European Real Estate at Blackstone said: 'Alongside Lars and the rest of the management team, we will build on the operational excellence of 360 North, putting residents and communities at the heart of everything we do. We are very pleased that Lars has agreed to lead the business forward.'

About Blackstone Real Estate
Blackstone is a global leader in real estate investing. Blackstone's real estate business was founded in 1991 and has approximately $140 billion in investor capital under management. Blackstone's real estate portfolio includes hotel, office, retail, industrial and residential properties in the US, Europe, Asia and Latin America. Blackstone real estate also operates one of the leading real estate finance platforms, including management of the publicly traded Blackstone Mortgage Trust.

Contacts
Blackstone
Ramesh Chhabra / Alexandra Ritterman
[email protected] / [email protected]
+44 (20) 7451-4053 / +44 (20) 7451-4195

360 North
Jean Ahlefeldt-Laurvig
[email protected]
+45 51888965 / +45 39456200