Mergers and Acquisitions

Blackstone Property Partners in its acquisition of Pure Industrial Real Estate Trust for $3.8 billion

Blackstone Property Partners
Key Contact
Emmanuel Pressman

National Co-Chair, Toronto

Team
Alex Gorka

Partner, Corporate, Toronto

Brett Anderson

Partner, Corporate, Toronto

Douglass Dawson

Associate, Corporate, Toronto

Kevin Feng

Associate, Corporate, Toronto

Ryan Nielsen

Partner, Real Estate, Toronto

Sandy Yeung

Associate, Real Estate, Toronto

Josh Disenhouse

Partner, Real Estate, Toronto

Jack Silverson

Partner, Tax, Toronto

David Davachi

Partner, Tax, Toronto

Joyce M. Bernasek

Partner, Financial Services, Toronto

Marta Rochkin

Partner, Financial Services, Toronto

Lynne Lacoursière

Partner, Corporate, Toronto

Osler represented Blackstone in connection with its acquisition of Pure Industrial Real Estate Trust for $3.8 billion.

PIRET owns and operates a diversified portfolio of income-producing industrial properties in leading markets across Canada and key distribution and logistics markets in the United States. PIRET was one of the largest publicly-traded REITs in Canada.

Osler, Hoskin & Harcourt LLP represented Blackstone. The Osler team was led by Manny Pressman and Alex Gorka and included Brett Anderson, Douglass Dawson and Kevin Feng (M&A); Adrian Hartog, Ryan Nielsen, Sandy Yeung, Josh Disenhouse and Sonam Pandya (Real Estate); Jack Silverson and David Davachi (Tax); Peter Glossop and Gajan Sathananthan (Competition and Investment Canada); Joyce Bernasek, Joshua Lam, Marta Rochkin and Arthur Rousseau (Credit); Lynne Lacoursiere (Executive Compensation); and Patrick Welsh (Environmental).

Value
$3.8 billion
Date Closed
May 25, 2018
Lead Office
Toronto
Key Contact
Emmanuel Pressman

National Co-Chair, Toronto

Team
Alex Gorka

Partner, Corporate, Toronto

Brett Anderson

Partner, Corporate, Toronto

Douglass Dawson

Associate, Corporate, Toronto

Kevin Feng

Associate, Corporate, Toronto

Ryan Nielsen

Partner, Real Estate, Toronto

Sandy Yeung

Associate, Real Estate, Toronto

Josh Disenhouse

Partner, Real Estate, Toronto

Jack Silverson

Partner, Tax, Toronto

David Davachi

Partner, Tax, Toronto

Joyce M. Bernasek

Partner, Financial Services, Toronto

Marta Rochkin

Partner, Financial Services, Toronto

Lynne Lacoursière

Partner, Corporate, Toronto