The company was founded in 2000 and has been listed on the Helsinki Stock Exchange since 2006. She is also the author of several books, including Seven Keys to Living in Victory, I am My Beloveds and The Cup Bearer. Blackstone is buying the asset on behalf of Blackstone European Property Income Fund, a new perpetual life vehicle targeting the individual investor market. Were not saying the Dolphin Centre is doomed; were saying it requires careful, thoughtful, remedial activities to give it a long-term future, he says. Right away, its purchase of commercial real estate in railway arches marked a departure from the funds usual buy it, fix it, sell it strategy of refurbishing unloved properties and selling them for a huge profit, in favor of a buy-and-hold approach. In LGIMs shopping centers, hes transforming corridors into experiences in a bid to engage consumers as they drift between stores. When permission was initially rejected by the local council in 2019, McWilliam doubled down, writing articles in the press about how the company would throw ourselves open to public opinion and seek a fairer balance of power between community, planning authority, and developer to win support for the new development. Distribution and use of this material are governed by Live Stream every Sunday 11- 12 pm (Facebook LIVE- JudyBrownMinistries), We don't find any widget to show. Blackstone is buying the asset on behalf of Blackstone European Property Income Fund, a new perpetual life vehicle targeting the individual investor market. All Rights Reserved. Mopeds line up in front of open arches filled with rows of metal shelving, bursting with dried goods and household cleaning products. In 2018, Blackstone became the U.K.s largest small-business landlord. It will be offered to investors via the firm's Private Wealth Solutions group for a management fee of 1.25%. The fund had its first close and Posted on 03/02/2023. by Andrea Zander Macquarie Capital Principal Finance, in partnership with Singaporean real estate fund Elite Partners Capital, has sold its first pan-European logistics portfolio, Elite Logistics Fund I, to Blackstone European Property Income Fund (BEPIF) for 520 million ($587 million). Join over 300,000 Finance professionals who already subscribe to the FT. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. This platform comprises 12 assets that were purchased individually by the previous owners. Blackstone has launched a European property income strategy, offering investors access to a range of real estate sectors across the region. Blackstone, which acquired landlord Sponda Oy in 2018, sought an extension from holders of the securitized notes to dispose of assets and repay the debt, according to people with knowledge of the plan. He once boasted that prior to joining Grosvenor, he had bought a building off it on behalf of Fortress Investment Group, a U.S. investment giant, and had sold it on for 1 million more than he had paid before he had even signed the contract. Blackstone Inc. is a leading asset management giant and a prolific real estate investor. program which is essential for my career growth. But some tenants have said that the information requested is excessive. Its not just Blackstone. Blackstone's $71 billion unlisted real estate income trust (BREIT) has also been in hot water. Airbnb lays off staff from recruiting team to become a more focused company, Rupee and Taka to replace Dollar as currency of exchange between India, Bangladesh, World Bank commits $1 billion to support Indias public healthcare infrastructure. The private equity firm sought an extension from the bondholders to repay the debt, but they voted against it, a source familiar with the matter told Reuters. In a note to investors sent on May 22, 2020, LGIM said its 2 billion U.K. property fund had collected just 76 percent of the rent owed by the end of March. Dean was working as an events manager when her job was swiftly made redundant by the pandemic. By this summer, Legal & General Groups share price was trading back around pre-pandemic levels of 270p on the FTSE 100, having hit 157p in March 2020, when the funds were forced to close. Four FREE articles of your Thats why so many small businesses are leaving.. Theres going to have to be a reset, and thats never an easy experience. Johnston says investors will increasingly find themselves in a situation where the financial viability of the investment is linked to the success of the tenant and that investors will get ahead by using data creatively to figure out how to change the terms of their offer. an increase of 2.91% over one month. The U.K. government passed the Coronavirus Act in March 2020, which enabled it to provide rent relief to small-business tenants, leaving landlords like The Arch Co. without payment for rent in March and beyond. Macquarie Capital in partnership with Singaporean real estate fund Elite said they have sold Elite Logistics Fund I to Blackstone European Property Income Fund, a Blackstone Group Inc. has finished raising a 9.8 billion-euro ($10.7 billion) fund that will target Par consquent, le WebThe Blackstone Group International Partners LLP (BGIP) is a limited liability partnership registered in England and Wales under number OC352581 and is authorised and BEPIF Feeder SICAV - I. AA-EUR Cap - LU2339811098. Dear user, ET RealEstate privacy and cookie policy has been updated to align with the new data regulations in European Union. On Londons crumbling high streets, two massive real-estate investors are banking on opposing strategies. Angus Johnston, U.K. leader of real estate at PwC, says the relationship between landlord and tenants is irrevocably changed. 125000+ Industry Leaders read it everyday. You can now write for wionews.com and be a part of the community. Dr. Judy is a Prophet, Pastor and Life Coach. Real-estate investment managers are finding their work is becoming more about the service, whether thats making the space more attractive to tenants or being more flexible about contracts. The company has now defaulted on a $562.5 million bond backed by a portfolio of offices and stores owned by the Finnish company Sponda Oy. develop their business skills and accelerate their career program. In March 2020, days after Prime Minister Boris Johnson ordered the U.K. into lockdown, LGIM, Janus Henderson Investors, BMO Global Asset Management, Columbia Threadneedle Investments, and Aviva Investors announced restrictions on their flagship property funds, freezing more than 10 billion worth of investments. Thats led to wide gaps between bids and offers, crimping deal volumes and putting pressure on owners with loans that are maturing. We continue to have full confidence in the core Sponda portfolio and its management team, whose priority remains delivering high-quality retail and office assets.. I believed the future of retail was about agile, flexible environments. graduation. Sponda Oy is a Finnish real estate investment company that focuses on owning, leasing, and developing commercial properties in prime locations in Helsinki and other big Finnish cities. Dr. Judy Brown travels across the globe with a prophetic word for the masses. Real estate was very fixed, and consumer expectations were very fluid. An investment in BREIT involves risks. Seppala says Blackstones size gives it access to vast amounts of data, allowing it to pursue bigger margins within its portfolios: The scale of the portfolio we manage gives us access to large amounts of proprietary data and real-time information, which is incredibly helpful in informing and guiding our investment strategies.. In April 2020, it banned commercial property landlords from demanding rent arrears or evicting tenants. When it took over the portfolio, The Arch Co. introduced an affordability mechanism as part of its tenants charter, drawn up in consultation with Guardians of the Arches, with the aim of keeping a diverse mix of businesses in the arches. Knight Frank advised Blackstone. test, which makes it an ideal choice for Indians residing Clearly the world has changed. Blackstone Real Estate Income Trust Inc. will soon expand its U.S. industrial holdings by approximately 37.5 million square feet now that the perpetual-life real estate investment platform has signed an agreement to acquire Toronto-based WPT Industrial Real Estate Investment Trust. What the SPR Refill Means for Oil Futures, Modern Slavery Act Transparency Statement. Critics say it's not enough, World obesity day: How to tackle weight increases in Europe, 6 of the best value for money EVs to make the switch to electric. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. According to Landsec, the sale to Blackstone European Property Income Fund will be completed before the end of the year. helped me to continue my class without quitting job. The bakery and cafe occupies two arches right under London Fields train station and employs 100 staff. Online tuition for regular school students and home schooling children with clear options for high school completion certification from recognized boards is provided with quality content and coaching. WebThis site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where Blackstone Real Estate Income Trust (BREIT) is authorized for distribution. Date Filed. Adam Dakin, managing director for new business and services at Telereal, denied that The Arch Co. was planning to drive up revenue solely by raising rents, pointing out that 900 of the arches were vacant at the point of sale, mostly due to poor condition, and were ripe for redevelopment. As at 30 June 2021, the total net assets of undertakings for collective investment, comprising UCIs subject to the 2010 Law, specialised investment funds and SICARs, amounted to EUR 5,487.526 billion compared to EUR 5,332.392 billion as at 31 May 2021, i.e. In December 2020, one year after it took on the portfolio, The Arch Co. said its churn rate, or the number of businesses leaving, was 7 percent, down from 11 percent under Network Rail, while 150 arches had been brought back into use. Blackstone had asked the bondholders for more time to pay back the debt, but they said no.As a response to that, private equity company shares decreased by 1.6%. And retail has become closer to that: You may as well get on the front foot and provide what occupiers need rather than signing long leases that might not be appropriate ten years from now. I strongly Share your stories and opinions with us here. Harrods chief shrugs off recession fears because rich get richer, FCA regulator blamed for Arms decision to shun London listing, Argentina diary: Come armed with $100 bills, There are no domestic equity investors: why companies are fleeing Londons stock market, The stark challenge facing the London stock market, Humanity is sleepwalking into a neurotech disaster, The Murdaugh trial: a southern gothic tale that gripped the nation, Who to fire? The purchase was part of BlackRock's plan to grow its ability to invest in real estate in Europe and to get a bigger share of the Nordic market. We follow a systematic approach to the process of learning, examining and certifying. It could wait out an 18 months suspension of rent increases and a moratorium on evictions that continues until March 2022. Peter Ferrari, chief executive of AshbyCapital, said: Having purchased The Colmore Building in 2015 when it was 40% vacant, this sale marks the successful completion of our asset strategy. The Blackstone European Property Income Fund (BEPIF) has acquired a EUR 520 mln pan-European logistics portfolio from Elite Logistics Fund I. The company has now defaulted on a $562.5 million bond backed by a portfolio IA-EUR Cap - LU2339810876. The US office market has been particularly hard hit by the pandemic-induced shift to home working. WebBREIT Resources | Blackstone Real Estate Income Trust Important Notice This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where Blackstone Real Estate Income Trust (BREIT) is The new fund will likely come with a minimum investment commitment of about 25,000 euros ($29,860), according to people with knowledge of the matter. It came on the heels of the news that The Arch Co. was getting a new chief executive, Craig McWilliam. LandSec announce this week that 6-9 Harbour Exchange, occupied by Equinix and offered as its LD8 IBX data center, has been sold to Blackstone European Property Income Fund (BEPIF). If owners and local authorities dont do this, its quite hard to see how these towns and cities will recover., Perhaps even more importantly, Hughes says, in an era where ESG is king, the social responsibility plays out well with stakeholders and shareholders. The US investor has completed the purchase of the Colmore Building, a 314,000 sq ft office block, from Ashby Capital. Some investors are taking radical measures. Net income 2023: 6 452 M--Net Debt 2023: 8 587 M--P/E ratio 2023: 17,9x: In 2020, the British high street lost two behemoths: department store Debenhams and Arcadia Group. In 2016, tenants of the railway arches had formed a trade association called Guardians of the Arches to oppose steep rent increases. Digital Forensics. Blackstone Inc has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Finnish company Sponda Oy, FBI Documents Show Leonardo DiCaprio, Kim Kardashian Grilled for 1MDB Secrets, Female Execs Are Exhausted, Frustrated and Heading for the Exits, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, Russian Airlines Are Flying High Despite Sanctions, Critics of Bidens Antitrust Push Target FTCs Lina Khan, Ukrainian pilot pair in Arizona to fly military simulators - US official, Another Norfolk Southern train derails in Ohio; company says no toxins aboard, UPDATE 1-China sets economic growth target of around 5% as parliament opens, China to develop more energy and mineral reserves and boost production, China Sets Modest Growth Target as Economic Risks Persist. It seemed like a good investment: Network Rail, swimming in 46.5 billion ($63.9 billion) in debts, had delayed 162 million in investment in the portfolio. The social aspect to that is something people are increasingly aware of.. Landsec said the completion of the Harbour Exchange sale to Blackstone European Property Income Fund will take place before the end of the year. The project is time consuming and intensive, but once it picks up momentum, we will end up with an asset that will reward our activities and reward the pensioners.. And every product piece of the initiative has their own ROI and KPI attached to them, plus a data analysis team and a data dashboard. This investment is a vote of confidence in Birmingham, its thriving commercial heart, and the wider West Midlands. WebBlackstone European Property Income Fund Master FCP; Firm: Fund # CIK # 0001886201: Sale: Fund: Phone: 2125835000: Address: 1113 Boulevard de La Foire Grand Duchy of Luxembourg, Luxembourg L-1528: Source: Fund AUM and Sold ($) 1.0 0.8 0.6 0.4 0.2 0.0 2009 2013 2017 2022: Fund Details; Director: Custodian: Auditor: Marketer: recommend Perfect E Learn for any busy professional looking to Our Degree programs are offered by UGC approved Indian universities and recognized by competent authorities, thus successful learners are eligible for higher studies in regular mode and attempting PSC/UPSC exams. There are signs LGIM is trying to reduce this funds exposure to retail: In the second quarter of 2021, it disposed of four assets, including two high-street shops and a retail warehouse park. November 2022. The default occurred as rising interest rates hit European property values. Towards the aim, Perfect E learn has already carved out a niche for itself in India and GCC countries as an online class provider at reasonable cost, serving hundreds of students. Can Shell close the valuation gap with US rivals? The company has now defaulted on a $562.5 million bond backed by a portfolio of offices and stores owned by the Finnish company Sponda Oy. Photograph:(Reuters). London W1U 4DA A year and an intervention from the mayor of London later, Grosvenor was granted permission to convert the site into more than 1,500 homes to rent. As part of this effort, it agreed to stepped rent increases, relocation options, and rent concessions in the form of side-letters. These are private arrangements between a tenant and The Arch Co. to pay less than the contracted amount, in return for financial information from the tenant, including audited accounts, to determine how much it can pay. analyse how our Sites are used. More than 70 percent of investors believe that U.K. landlords and tenants will have to consider new models for leases after the pandemic, according to a survey by PwC. Luxembourg: Blackstone European Property Income Fund Associates LP : Cayman Islands: Blackstone European Property Income Fund Associates Ltd. Cayman Islands: The Blackstone The office has achieved an excellent BREEAM environmental and sustainability rating. As part of the project, LGIM Real Assets is giving ten businesses a shop on Kingland, where Dean opened her plant shop, with no rent or business rates for the first two years. McWilliam initially cut his teeth in private equity and investment banking. That ban is significant: Many tenants will not be able to afford to pay back the money owed, and in many cases, The Arch Co. has said it will not allow any more rent arrears discounting. Lab leak theory: 3 years on, will we ever know where COVID came from? On Wednesday, the BREIT said it was forced to limit withdrawals for the fourth straight month. The firm bought a portion of Facebooks Dublin campus towards the end of last year for 395m for its core-plus platform. Read more: Pimco, Brookfield Office Defaults Signal Deepening Property Pain. Blackstone European Property Income Fund SICAV. Blackstone, with $649 billion under management, could weather a year without 80 million of rental income. Please add some widgets by going to. A group that included the Blackstone Real Estate Income Trust last year acquired the real-estate assets of the Las Vegas Cosmopolitan casino and hotel in Las Vegas. My childs preference to complete Grade 12 from Perfect E Learn was almost similar to other children. The largest fund administered by Blackstone Group Inc., the giant investment firm known for raising capital from institutions such as pension funds and endowments, is now one that .css-1h1us5y-StyledLink{color:var(--interactive-text-color);-webkit-text-decoration:underline;text-decoration:underline;}.css-1h1us5y-StyledLink:hover{-webkit-text-decoration:none;text-decoration:none;}mostly targets individual investors. Blackstones flagship European Core+ fund, launched in August 2017, now has nearly $17 billion in assets under management. Increasingly, landlords are going to be providing space, whether its retail or office, on a more flexible basis, with rents that are more tied to performance. A week after she started working on a business plan for a plant shop, she heard about the opportunity to take on an empty retail unit on Kingland, with free rent and business rates for the first two years. LGIM made a bet: Two years of no income will be rewarded by creating a sustained stream of income that will grow in line with inflation, creating security of income over the long term. The drop in prices has so far not led to widespread credit losses, so some creditors are betting that rapid sales can still ensure debt is fully repaid. She has been in ministry over 30 years; and along with her husband is a Senior Pastor of New Genesis Christian Center, Inc. Brooklyn, NY. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. 2023 proptech predictions | End of 'period of exuberance'? A quarter of The Arch Co. portfolio across the country is empty but occupation is increasing in this part of east London. SC asks Authum Investments to implement resolution plan for Reliance Home Finance22 hrs ago, Uttar Pradesh CM meets aggrieved Noida homebuyers, assures 'complete solution'22 hrs ago. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Blackstone has taken a very different approach. Entrepreneurs like Dean are happy. Because in todays backdrop, where rates are so low, where a traditional 60-40 portfolio just isnt generating enough return in both appreciation of the underlying assets and also income, investors and advisers are realizing that to generate the income and return on a risk-adjusted basis, [you need alternatives], Todd Myers, senior managing director and chief operating officer of Blackstone Private Wealth Solutions, told Citywire. In Eastbourne, another south coast town, LGIM is transforming another shopping center with swings, roundabouts, and seating on the theme of play. successful learners are eligible for higher studies and to attempt competitive Ive never owned a shop before in my life, says Hope Dean, who now runs a plant store in a shop that had been empty for six years on Kingland Crescent, an unloved shopping street near the train station in Poole, a seaside town on Englands south coast. Meg Hillier, the politician in charge of Britains Public Accounts Committee, called the deal a fire sale to plug a debt, and asked the U.K.s National Audit Office to look into it. Blackstone will review opportunities for prime offices in the UKs largest regional cities that offer similar fundamentals to that of Birmingham. WebFeb 2022 by Property Forum | Investment Savills, together with Eastdil Secured, has advised Macquarie Capital Principal Finance and Elite Partners Capital on the sale of a pan-European logistics portfolio, Elite Logistics Fund I to Blackstone European Property Income Fund (BEPIF) for 520 million. Blackstone, with $649 billion under management, could weather a year. Toronto-Dominion Bank has agreed to pay $1.2 billion to settle allegations that it aided the scheme by banking Stanford Financial despite a flurry of suspicious activities. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Israels Window to Strike Iran Narrows as Putin Enters Equation, Tycoon Deripaska Warns Russia May Run Out of Money in 2024, Americans Need to Be Richer Than Ever to Buy Their First Home, Citigroup Cuts Hundreds of Jobs, Including in Investment Banking and Mortgage Units, Fed Speech Scrapped After Participant Shows Porn in Zoom Room. Nordic real estate has been at the forefront of Europes real estate correction after a long period of relative calm following the global financial crisis. Document Type. Follow @ETRealty for the latest news, insider access to events and more. Theyre asking top-dollar rent for shabby conditions, he told the other traders at the August meeting. Bondholders voted against a further extension, the people said, asking not to be identified as the sales process was not public. Blackstone said the sudden influx of speedy grocery-delivery companies in this part of London is a result of demand from these companies for space, rather than the result of any company strategy. Side-letter deals risk inflating the market, Guardians of the Arches has warned, as the contracted amounts are often different from the amounts being paid. LGIM was tight-lipped on exactly how many retail assets it owns, including shopping malls, retail parks, and U.K. high streets, which are the equivalent of U.S. main streets. BLACKSTONE INC. 97.13. But the 4.5 billion portfolio started causing headaches even before tenants of these assets had a chance to get into arrears. Blackstone says it delivered a dividend yield 340 to 440 basis points higher than government bond yields in the 12 months to August 2021, and offered investors a hedge against inflation, since real-estate income increased faster than inflation over the last decade. (Bloomberg) -- Blackstone Inc. defaulted on a 531 million ($562 million) bond backed by a portfolio of Finnish offices and stores as rising interest rates hit European WebCode. Our online courses offer unprecedented opportunities for people who would otherwise have limited access to education. The Blackstone European Property Income strategy will be comprised of approximately 90% direct property investment, with up to 10% held in "real estate-related debt and liquid instruments". News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. WebFund manager Direct Property Team Annual management feeB 0.75% YieldC 5.4% Premium/(Discount) (22.5)% Gearing 35.2% Net Asset Value 532.5m AIFMD Leverage Limits abrdn European Logistics Income PLC Fund managers report continues overleaf Fund managers report - continued. +44 (0) 7917 839 251, AshbyCapital | AshbyCapitalData Protection Notice, Communicate With Tenants To Unleash Real Estates Sustainability Potential, Q+A: Ashby Capital's Ferrari on why values will stabilise this year. LGIM would not confirm where Kingland sits within its fund portfolio, saying only that its retail assets are found across a number of funds. The real sting for tenants would come further down the line: Once the moratorium expired, tenants would find themselves on the hook for all of the rent in arrears. This content is only available to registered users You must be logged in to continue Would you like to read more? Blackstone Inc has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Finnish company Sponda Oy, Bloomberg News reported, as rising interest rates hit European property values. All Rights Reserved. A glowing piece in The New York Times had just come out touting LGIMs work in Poole and its new leasing model, offering tenancies as short as three months and contracts with rents based on the companys earnings, known as turnover leases. But Blackstone had sold off about 16 buildings to pay down nearly half of the note, which now has an outstanding balance of 297.1 million euros, according to Fitch Ratings. Kingland had been in the works since 2018. Thats before you even get into the shift to online shopping. Luxembourg: Blackstone European Property Income Fund Associates LP : Cayman Islands: Blackstone European Property Income Fund Associates Ltd. Cayman Islands: "We continue to see strong demand for high quality, sustainable office spaces that attract the best talent and employers" - JAMES SEPPALA, BLACKSTONE. An announcement was made in 2017 that Sponda would enter into an agreement to sell all of its shares to a fund managed by the world's largest asset manager, Blackrock. the 10/12 Board S&P Report (Nov-2022) Rating Agency Reports. have discontinued my MBA as I got a sudden job opportunity after It opposed the privatization of the arches during the sale and although the privatization succeeded, the tenants managed to get Blackstone to sign a charter, an informal agreement to hold regular meetings and communicate any changes. We still have complete faith in theSponda portfolio and itsmanagement team, added the company. The deal, worth 1.46 billion, was among Blackstones biggest British real-estate investments. When I called in June, she said journalists were calling every day to hear about the scheme. Ibrahim had spent time at BNP Paribas working on something called commercial placemaking that was supposed to bring together two streams of real-estate asset management: rent yields and occupiers and the underlying spaces and places. Youre going to have a more symbiotic partnership between landlords and tenants, he says. Blackstone had asked the bondholders for The deal is due to complete before the end of the year. Get ETRealty's top stories every morning in your email inbox. Last Name First Name Middle Name; Blackstone Europe Fund Management S.a r.l. Summary: Blackstone European Property Fund (BEPIF) provides income-focused individual investors access to institutional quality European real estate. Blackstone has dramatically debuted in the UKs regional office market after securing an office in Birmingham for 182m as part of its European core-plus yield-oriented strategy, React News can reveal. The bond, which was underwritten by Citigroup and Morgan Stanley, was originally secured against 63 mostly office buildings in Finland. But with debt mounting, a sale was seen as preferable. Many UK commercial landlords are looking to diversify into mixed-use properties and focus on higher-return opportunities as the pandemic erodes the valuations of retail and office spaces, and an extended moratorium on rent hurts their income streams. USD. BLACKSTONE PLANS EUROPEAN INFRASTRUCTURE FUND INITIALLY TARGETING UP TO $2 BILLION - BLOOMBERG NEWS | March 3, 2023 . The well-heeled investors in the $69 billion Blackstone Real Estate Income Trust Inc. learned Thursday the fund will limit withdrawals as people seek to pull money from whats been a cash magnet for one of the largest owners of real estate globally. At Grosvenor, he made a name for himself as an expert in securing planning rights during his work on a former biscuit factory in south London. For a full comparison of Standard and Premium Digital, click here. As an asset class, U.K. retail property has become almost untouchable. "This debt relates to a small portion of the Sponda portfolio. [L4N2RU1BV], UK's Landsec sells London office property to Blackstone for $263 million, This sprinting robot could become your next beach lifeguard, Domino effect as more EU institutions ban TikTok on work devices, TikTok is setting time-limits for teens. Document. In pursuing its investment objective, the Fund seeks to outperform the Markit iBoxx USD Liquid Leveraged Loan Index (the Primary Index) and the Morningstar LSTA U.S. Complete information about investing in shares of BREIT is available in the prospectus.

Slapshot Band Racist, How Much Does A Prosthetic Leg Cost In Mexico, Articles B