On October 31, 2019, Dream Global Real Estate Investment Trust announced that Institutional Shareholder Services, Inc. and Glass, Lewis & Co., LLC have both recommended the unitholders of the Company vote for the special resolution at the upcoming special meeting of unitholders scheduled to be held on November 12, 2019. The purpose of the meeting is to approve the proposed transaction pursuant to which affiliates of real estate funds managed by The Blackstone Group Inc. will acquire all of Dream Global REIT's subsidiaries and assets in an all-cash transaction valued at $6.2 billion. The Company stated that on closing of the transaction, unitholders would receive cash consideration of $16.79 per unit the Company as described in the management information circular of the Company dated October 13, 2019, prepared in connection with the meeting.