"Blackstone Acquires Major Logistics Portfolio in France with DLA Piper's Guidance"

"DLA Piper advised Blackstone on its acquisition of a logistics asset portfolio from Proudreed, comprising nearly 500 logistics and industrial assets across 2 million square meters, valued at approximately €2.3 billion. This marks the largest logistics transaction in the French market, reflecting Blackstone's confidence in the French real estate sector. The deal is subject to regulatory approvals. The DLA Piper team included several partners specializing in various legal fields, while Blackstone and Proudreed were also supported by other legal and financial advisors."

**Law Firms Involved in the Transaction:** DLA Piper advised Blackstone in the acquisition of a logistics asset portfolio from Proudreed. Blackstone was also advised by Simpson Thacher & Bartlett, Attal & Associés, Kirkland & Ellis, Deloitte Tax & Finance, Arcadis, and Nova Amiente. Proudreed was advised by Morgan Stanley, Clifford Chance, EY, Lasaygues, LMT, and Forvis Mazars. **Transaction Overview:** This significant transaction involves the acquisition of nearly 500 logistics and industrial assets spread over 2 million square meters, valued at approximately €2.3 billion. It highlights Blackstone's confidence in the strength of the French real estate market and marks the largest logistics transaction ever conducted in France. The transaction is subject to the usual regulatory approvals from the competent authorities. **Legal Team:** The DLA Piper France team advising Blackstone was led by Myriam Mejdoubi (Partner – Real Estate) and included: - Gabriel Dalarun (Partner – Real Estate) - Erwan Lacheteau (Partner – Financing) - Jérôme Halphen (Partner – Employment) - Edouard Sarrazin (Partner – Competition Law) - Cécile Szymanski (Legal Director – Corporate) - Denise Lebeau-Marianna (Partner – Data Protection) - Fabienne Panneau (Partner – Litigation) The legal teams from the other firms involved were not detailed in the press release.

"Blackstone Acquires Major Logistics Portfolio in France with DLA Piper's Guidance"

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads