Oak Hill Advisors’s Globalworth Real Estate Investments Subscription of Shares


White & Case LLP is advising Oak Hill Advisors (Europe) LLP (Oak Hill Advisors) in connection with the proposed subscription for shares by Growthpoint Properties Limited and funds and/or accounts managed by Oak Hill Advisors and its affiliates, which has been announced by Globalworth Real Estate Investments Limited (Globalworth) and is expected to raise proceeds of around €200 million.

Globalworth’s Board has recommended certain proposals which now require shareholder approval, and a shareholder vote will take place on December 19, 2016. Funds raised from the Subscription will be used to develop the Globalworth Campus project, pursue attractive pre-identified investment opportunities in line with its investing policy, and for other general corporate purposes.

The White & Case team in London which advised on the transaction included partners Marcus Booth (Picture), Christian Pilkington and Philip Broke, with support from associates Michael Mountain, Sam Davies and Christian Holbrook (all London).

Involved fees earner: Marcus Booth – White & Case; Philip Broke – White & Case; Michael Mountain – White & Case; Sam Davies – White & Case; Christian Holbrook – White & Case; Christian Pilkington – White & Case;

Law Firms: White & Case;

Clients: Oak Hill Advisors L.P.;

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