Freshfields Bruckhaus Deringer and Hengeler Mueller have won spots advising as Blackstone Group purchased a portfolio of offices from IVG for €3.3bn, the largest European real estate transaction this year.
Blackstone picked up one of the largest portfolios of office real estate in Germany, OfficeFirst, which is comprised of 97 properties. The sale follows a failed float of the portfolio on the Frankfurt Stock Exchange last month. Blackstone had previously offered to buy OfficeFirst before the IPO.
