12th February 2021
A multi-disciplinary team from Walker Morris worked alongside Kirkland & Ellis and Ernst & Young to advise Californian-based Green Street, the preeminent provider of actionable commercial real estate intelligence in the U.S. and Europe, on its acquisition of React News – a London-based subscription provider of market-leading commercial property news.
The transaction marks Green Street’s second acquisition over the last year, aligning with the firm’s growth plans and strategic roadmap to add more value for clients through enhanced news, research, data, analytics, and advisory services. The financial terms were not disclosed.
“This acquisition accelerates our goal of providing exclusive and differentiated news in Europe to extend Green Street’s U.S. News product and strengthen our existing Pan-European public/private market research and data and analytics business,” said Jeffry Stuek Jr., Green Street’s Chief Executive Officer. “React News has built an incredible offering that drives real estate action through timely insights, and it fits naturally under the Green Street umbrella. We are excited to bring together our talented teams and expand our esteemed bench of highly experienced journalists.”
Walker Morris fielded a multi-disciplinary team comprising: Richard Naish, Daniel O’Connell (Corporate), Nicola Parkinson (Tax) and Lucy Gordon (Employment).