Blackstone stock: Company plans Nordic logistics platform

Blackstone plans a Nordic logistics platform with more than 200 warehouses. The company also launched BXPM, a multi-strategy private-markets fund.

Blackstone Inc. said on September 29, 2026, that it was launching a new Nordic logistics investment platform. Reuters reported that the platform, named Norla, will operate across Sweden, Denmark and Finland.

Norla targets Nordic warehouses

The platform is expected to include more than 200 mainly last-mile warehouses covering more than two million square meters. The assets are primarily owned by Blackstone funds, with the possibility of adding third-party assets, and the platform is expected to become operational next year, according to Reuters.

Blackstone expands private-markets access

Blackstone also announced the launch of Blackstone Private Markets Fund, or BXPM, a perpetual strategy providing access to private equity, infrastructure, real estate, and credit through a single allocation. The issuer said the strategy is the first such solution to provide eligible non-U.S. investors access to its institutional perpetual funds through one product, according to Business Wire.