09 Oct 2025

"Simpson Thacher Leads Blackstone's €2.3 Billion Acquisition of French Industrial Real Estate Portfolio"

"Simpson Thacher is serving as lead counsel for Blackstone in its acquisition of a €2.3 billion portfolio of industrial real estate assets in France from Proudreed, covering 2 million square meters of flexible industrial space. The legal team includes experts in real estate, tax, and antitrust."

Simpson Thacher acted as lead counsel to Blackstone in its acquisition of a €2.3 billion portfolio of real estate industrial assets in France from Proudreed. The transaction involves a portfolio that encompasses 2 million square metres of flexible industrial space, marking a significant investment in the French real estate market. The Simpson Thacher team includes the following lawyers: Wheatly MacNamara, Adam Brunk, Tom Lloyd, Ben Rodger, Palina Pradhan, Rachael Farrell, Tash Moodien, Claudia Haavik, Lachlan Paterson, and Elizabeth Kearney, all from the Real Estate practice; Sarah Lindley, Chris Dorman, and Tim Wells from the Tax practice; and Étienne Renaudeau and Luke Cowdell from the Antitrust practice.
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