We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Jones Day, Simpson Steer $1.4B Europe Real Estate Deal

Law360, Minneapolis (March 20, 2017, 3:33 PM EDT) -- Jones Day represented Hansteen Holdings PLC in connection with its planned €1.277 billion ($1.372 billion) sale of a portfolio of German and Dutch properties, which includes the sale of subsidiary companies, to a venture of Simpson Thacher & Bartlett LLP-led, Blackstone Group LP-advised funds and M7 Real Estate, a deal Hansteen announced on Monday.

Per the deal, the buyers are paying €974.3 million for the Germany portion of the portfolio and €302.4 million for the Netherlands portion. The venture is buying certain Hansteen subsidiaries that own...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.