Blackstone's PROXITY portfolio, Europe
Programme Management
We have been appointed by Revantage to provide a client-side PMO service for Blackstone’s new PROXITY vehicle, a newly acquired portfolio comprising over 500 industrial and logistics assets across 12 European countries.
| Client | Revantage |
| Sector | Logistics and industrial |
| Size | 500 assets in 12 countries |
| Services | Programme Management |
We have been appointed by Revantage to provide a client-side PMO service for Blackstone’s new PROXITY vehicle, a newly acquired portfolio comprising over 500 industrial and logistics assets across 12 European countries. Our key role is to support the client post-acquisition in developing a structured approach to data validation, portfolio optimisation, and asset readiness.
The client’s programme is divided into country-specific waves, which we are commencing with a pilot exercise for 36 assets in Germany. This approach is ensuring a controlled and organised deployment of PMO processes and tools, with our Berlin-based PMO leads working closely with Proxity’s local stakeholders to deliver onboarding of PMO & PMs, building of bespoke tools and processes, risk management, portfolio planning (3-5 year CAPEX), adapting for steady state, and finalising data/ document collection. These actions are foundational for PMO maturity and operational excellence, enabling us to apply lessons learned to future waves as they come online.
