BINDER GRÖSSWANG, together with Simpson Thacher & Bartlett in London, New York, Davies Ward Phillips & Vineberg LLP in Toronto, Hengeler Mueller in Germany, and various other European local counsel advised funds managed by The Blackstone Group Inc. in connection with the acquisition of Dream Global REIT, a Canadian real estate investment trust listed in Toronto and Frankfurt holding a pan-European real estate portfolio.
The all-cash transaction volume is CAD 6.2 bn (appr. EUR 4.2 bn) and is subject to customary conditions. It is expected to close in December 2019.
The Binder Grösswang team was led by Real Estate/M&A partner Markus Uitz and included further: Gottfried Gassner (Partner, Corporate/M&A), Christian Wimpissinger (Partner, Tax), Maximilian Höltl (Senior Associate, Banking & Finance) as well as Michael Delitz (associate Real Estate/M&A).