Blackstone $7.6 billion acquisition of Gramercy Property Trust

7/5/2018
Public acquisition

$ 7.6 billion

Announced

7/5/2018


Overview:

  • Private equity firm Blackstone has acquired REIT Gramercy Property Trust in a $7.6 billion deal. 
  • Citigroup Global Markets and BofA Merrill Lynch and acted as financial advisers for Blackstone and Morgan Stanley advised Gramercy. 
  • The transaction is expected to close in the second half of 2018. 

Kurt Stumpo - Journalist

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