Blackstone Property Partners

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

Client

Blackstone Property Partners

Value

$3.8 billion

Service

Mergers and Acquisitions

Date Closed

May 2018

Industry

REITs

Lead Office

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).


Team
Emmanuel  Pressman
Key Contact

Emmanuel Pressman

Partner, Chair, Corporate

Alex Gorka

Alex Gorka

Associate, Corporate

Brett Anderson

Brett Anderson

Associate, Corporate

Douglass Dawson

Douglass Dawson

Associate, Corporate

Kevin Feng

Kevin Feng

Associate, Corporate

Adrian  Hartog

Adrian Hartog

Partner, Real Estate

Ryan  Nielsen

Ryan Nielsen

Partner, Real Estate

Sandy Yeung

Sandy Yeung

Associate, Real Estate

Josh Disenhouse

Josh Disenhouse

Associate, Real Estate

Jack Silverson

Jack Silverson

Partner, Taxation

David Davachi

David Davachi

Associate, Taxation

Peter Glossop - Foreign Investment Lawyer

Peter Glossop

Partner, Competition/Antitrust & Foreign Investment

Gajan Sathananthan

Gajan Sathananthan

Associate, Competition/Antitrust and Foreign Investment

Joyce M. Bernasek

Joyce M. Bernasek

Partner, Financial Services

Marta Rochkin

Marta Rochkin

Associate, Financial Services

Lynne Lacoursière - Corporate Lawyer

Lynne Lacoursière

Partner, Corporate

Patrick G. Welsh

Patrick G. Welsh

Associate, Regulatory, Environmental, Aboriginal and Land; Litigation