Simpson Thacher represented Blackstone Real Estate in connection with the establishment of a joint venture with Optimum Asset Management. The joint venture is invested in a 30-asset real estate portfolio in Germany, valued at approximately €800 million.
The Simpson Thacher Team included Sam Charlton, Wheatly MacNamara, Tom Lloyd, Luca Sportelli, Ryan Harvey, Stuart Cottrell, Kimberley Chikitch, Seema Walji and Barbora Cechova (Real Estate); Peter Vassilev and Demetrius Baefsky (Funds); Meredith Jones and Ellie Verran (Tax); Étienne Renaudeau (Antitrust); and Owen Lysak (Corporate).