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New York REIT $8.4 billion acquisition of JBG

25/5/2016
Public acquisition
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$ 8.4 billion

Announced

25/5/2016

Overview:

  • New York REIT has acquired JBG to form a $8.4 billion real estate trust.
  • The new company will be called JBG Realty Trust.
  • JBG Realty will possess over 14.5 million square feet of real estate between New York and Washington, DC.
  • Proskauer Rose (Steven Lichtenfeld, Michael Choate) and Venable advised New York REIT.
  • Hogan Lovells advised JBG.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Real estate

Firms:
Hogan Lovells

Party: JBG (Target)

Proskauer Rose

Party: New York REIT (Acquirer)

Venable

Party: New York REIT (Acquirer)

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