Acquisition vehicle incorporated by certain funds and accounts managed by GoldenTree Asset Management LP acquires mixed portfolio from abrdn Property Income Trust

Client(s) Acquisition vehicle incorporated by certain funds and accounts managed by GoldenTree Asset Management LP

Jones Day advised an acquisition vehicle incorporated by certain funds and accounts managed by GoldenTree Asset Management LP in the £351 million acquisition of a mixed portfolio of industrial, office, leisure and residential assets in England and Scotland from abrdn Property Income Trust Limited. The Firm also acted on the associated upsizing of the target group’s existing facility with The Royal Bank of Scotland to £195 million, which was effective upon completion of the acquisition.