Blackstone To Acquire Real Estate Assets from GE Capital
16. September 2015 –
Walder Wyss is assisting Simpson Thacher and Blackstone Group LP (NYSE: BX) with respect to the Swiss part of the announced acquisition of assets of GE Capital Real Estate in a transaction valued at approximately $23 billion globally. Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has approximately $81 billion in investor capital under management. Blackstone’s real estate portfolio includes hotel, office, retail, industrial and residential properties in the US, Europe, Asia and Latin America.
The Walder Wyss team included Johannes A. Bürgi (Partner, Real Estate), Elisabeth Moskric (Counsel, Real Estate), Tervel Stoyanov (Associate, Real Estate) and Valentin Wiesner (Trainee). Certain notarial services were provided by Christine Beutler (Managing Associate, Notary).