IFLR1000

Douglas Emmett $1.34 billion acquisition of an office portfolio

2/3/2016
Private acquisition
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$ 1.34 billion

Completed

2/3/2016

Overview:

  • Douglas Emmett, a real estate investment trust, has acquired four office buildings in West Los Angeles for $1.34 billion.
  • The portfolio spanned 1,725,000 square feet. 
  • Douglas Emmett formed a joint venture with Qatar Investment Authority (QIA) to provide equity capital to finance the acquisition. The joint venture received a $580 million loan.

 Rani Mehta - Journalist 

 

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Real estate

Firm:
King & Spalding

Party: Douglas Emmett (Acquirer)

Lawyer: Mark Thigpen

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