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Pure Industrial Real Estate Announces Closing Of Plan Of Arrangement With Blackstone And Ivanhoe Cambridge

by benzinga.com posted 1month ago 177 views
Pure Industrial Real Estate Announces Closing of Plan of Arrangement with Blackstone and Ivanhoe Cambridge PR Newswire VANCOUVER, May 24, 2018 VANCOUVER, May 24, 2018 /PRNewswire/ - Pure Industrial Real Estate Trust (TSX:AAR) (the "Trust") announces today the closing (the "Closing") of the previously-announced plan of arrangement, pursuant to which an affiliate of Blackstone Property Partners, the Core+ real estate investment unit of Blackstone, and Ivanhoé Cambridge, a subsidiary of CDPQ, acquired all of the issued and outstanding trust units of the Trust (each, a "Unit") for $8.10 per Unit in cash (the "Transaction").

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