The Firm is representing Blackstone Real Estate Partners Europe IV in connection with the announced acquisition of OfficeFirst Immobilien AG, a leading office-focused German real estate business, from IVG Immobilien AG.
OfficeFirst controls a 1.4 million square meter predominantly office portfolio, the vast majority of which is located in Germany’s top six office markets – Munich, Berlin, Frankfurt, Hamburg, Dusseldorf and Stuttgart. Blackstone's current office portfolio in Germany totals almost 400,000 square meters and includes high-quality assets in Frankfurt, Berlin, Hamburg, Munich and Dusseldorf.
The Simpson Thacher team included Wheatly MacNamara, Sam Charlton, Tom Lloyd and Edd Hampson (Corporate).