Hengeler Mueller, together with Simpson Thacher & Bartlett in London and New York, Davies Ward Phillips & Vineberg LLP in Toronto and various other European local counsel, advises funds managed by The Blackstone Group LP on the acquisition of Dream Global REIT ("Dream Global"). The Canadian real estate investment trust listed in Toronto and Frankfurt holds a pan-European real estate portfolio with the majority of the properties located in Germany. The all-cash transaction is valued at CAD 6.2 bn (appr. EUR 4.2 bn) and is subject to customary conditions. It is expected to close in December 2019.
The Hengeler Mueller team includes partners Thomas Müller, Thomas Lang (both M&A/Real Estate) and Heinrich Knepper (Financing) as well as associates Nicholas Kubesch, Simon Bangert, Tobias Braun (all M&A/Real Estate) and Dominik Stolz (Financing) (all Frankfurt).