Real Estate

Blackstone to buy London-listed property investor

Bankers at Lazard and Rothschild are handling the latest deal in a bumper year for European property M&A

Blackstone to buy London-listed property investor

Investment giant Blackstone has tabled a €260m offer to buy a London-listed property fund, as a bumper year for real estate M&A in Europe draws to an end.

Two Blackstone-controlled companies, Wren Bidco and Canary Bidco, have agreed a €51-a-share cash offer for Taliesin Property Fund, which invests in residential properties in Berlin.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump