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Binder Groesswang Advises The Blackstone Group Inc. on Acquisition of Dream Global REIT

Binder Groesswang Advises The Blackstone Group Inc. on Acquisition of Dream Global REIT

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Binder Groesswang, working with Simpson Thacher & Bartlett in London and New York, Davies Ward Phillips & Vineberg in Toronto, Hengeler Mueller in Germany, and other European local counsel, has 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 billion (approximately EUR 4.2 billion) and is expected to close in December 2019.

The Binder Groesswang team was led by Partner Markus Uitz and included Partners Gottfried Gassner, Christian Wimpissinger, Senior Associate Maximilian Holtl, and Associate Michael Delitz.

Image source: finance-commerce.com

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