trending Market Intelligence /marketintelligence/en/news-insights/trending/FnUxBxbO2m-WcymUeM-M2A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Dream Global REIT closes C$6.2B takeover by Blackstone

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


Dream Global REIT closes C$6.2B takeover by Blackstone

Dream Global Real Estate Investment Trust completed its C$6.2 billion all-cash takeover deal with affiliates of real estate funds managed by private equity giant The Blackstone Group Inc.

The Blackstone fund affiliates bought out all of Dream Global REIT's subsidiaries and assets, and Dream Asset Management Corp. relinquished its role as external asset manager to the REIT.

The REIT's unit holders received cash consideration of C$16.79 per unit. The units are expected to be delisted from the Toronto Stock Exchange at close of business Dec. 11.