Blackstone buys GE’s Mexican real estate assets

Mexico’s Creel, García-Cuéllar, Aiza y Enriquez SC and Haynes and Boone SC, the New York and Dallas offices of Haynes and Boone LLP, and the New York office of Simpson Thacher & Bartlett LLP have helped Blackstone, the world’s largest real estate private equity fund, acquire the Mexican real estate assets of US conglomerate General Electric in a deal worth US$3.3 billion.