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Dream Global Real Estate Investment Trust Unitholders Approve Blackstone Acquisition
Dream Global REIT Says Qtrly Diluted FFO $0.26 Per Unit
Dream Global REIT Prices 7-Year 1.75%, EUR300 Million Bond
Dream Global REIT is an open-ended real estate investment trust (REIT). The Trust is an owner and operator of approximately 10 million square feet of office and mixed-use space in Germany and Austria. The Company allows investors to invest in commercial real estate outside of Canada. The Company's portfolio consists of approximately 217 properties, including properties located in Germany, Austria, Belgium and Netherlands. The Company comprises approximately 1.8 million square feet of gross leasable area. The Trust's asset manager is Dream Asset Management Corporation.
Real Estate Operations
30 Adelaide St E Suite 301
Independent Chairman of the Board of Trustees
P. Jane Gavan
President, Chief Executive Officer, Trustee
Michael J. Cooper
Vice Chairman of the Board of Trustees
Chief Financial Officer
Chief Operating Officer
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Dream Global Real Estate Investment Trust <DRG_u.TO> said funds managed by Blackstone Group Inc <BX.N> would buy the Canadian firm in a C$6.2 billion (£3.76 billion) deal.
Dream Global Real Estate Investment Trust said on Sunday it is to be bought by funds managed by Blackstone Group Inc in a C$6.2 billion ($4.69 billion) deal.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.