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Blackstone to buy London-listed property investor

Bankers at Lazard and Rothschild are handling the latest deal in a bumper year for European property M&A

Blackstone to buy London-listed property investor

Investment giant Blackstone has tabled a €260m offer to buy a London-listed property fund, as a bumper year for real estate M&A in Europe draws to an end.

Two Blackstone-controlled companies, Wren Bidco and Canary Bidco, have agreed a €51-a-share cash offer for Taliesin Property Fund, which invests in residential properties in Berlin.

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