Dream Global REIT unitholders approved the previously-announced acquisition all of Dream Global REIT’s subsidiaries and assets by The Blackstone Group in an all-cash transaction valued at C$6.2 billion.
On closing of the transaction, unitholders will receive cash consideration of $16.79 per unit of Dream Global REIT.
Dream Global REIT is an owner and operator of a diversified high-quality portfolio of office and industrial properties located in key markets in Western Europe with a focus on Germany and the Netherlands.
The REIT’s in-house platform comprises over 140 local leasing, property management, asset management and development professionals operating out of 13 offices in Europe and North America.
