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International

Blackstone to acquire WPT Industrial in US$3.1B deal

RENX Staff Commercial Transactions International Aug. 9 2021

Blackstone REIT has an agreement to acquire Toronto-based WPT Industrial Real Estate Investment Trust (WIR.U-T) in an all-cash transaction which values WPT at $3.1 billion (all figures US), including the assumption of debt, the companies announced Monday morning. The proposed

Dream Industrial selling 75% interest in $602M U.S. portfolio

Don Wilcox Commercial Transactions International Jul. 22 2021

Dream Industrial REIT (DIR-UN-T) will sell a 75 per cent interest in 20 U.S. industrial properties to a U.S. industrial fund in a transaction which values the portfolio at $602 million (all figures Cdn). Dream plans to retain the other

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