The Canadian real estate investment trust listed in Toronto and Frankfurt holds a pan-European real estate portfolio consisting of over 200 office and light industrial assets located in Germany, Austria, Belgium and the Netherlands. A large part of the portfolio is located in the Netherlands, and is under management of Merin. The all-cash transaction is valued at CAD 6.2 bn (appr. EUR 4.2 bn) and is subject to customary conditions. It has closed on 10 December 2019.
Loyens & Loeff advised The Blackstone Group acquires Dream Global
Loyens & Loeff, together with Simpson Thacher & Bartlett in London and New York, Davies Ward Phillips & Vineberg LLP in Toronto and various other European local counsels, advised funds managed by The Blackstone Group LP on the acquisition of Dream Global REIT ("Dream Global").