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New Deal


Announced

Completed

Bentall Kennedy and GreenOak Real Estate merged into BentallGreenOak.

Financials

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Transaction Value£740m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Real Estate Holding and Development

Merger

Completed

Private

real estate investment company

Synopsis

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Bentall Kennedy, a Sun Life Investment Management company, and GreenOak Real Estate, a leading global real estate investment management firm, merged into BentallGreenOak. “This combination brings together two successful real estate platforms to create a world class investment manager, supported by the significant resources and long-term stability of Sun Life Investment Management. GreenOak and Bentall Kennedy are two highly complementary firms with virtually no overlap in investment strategies or offices,” said Gary Whitelaw, CEO, Bentall Kennedy. “As members of the combined leadership team have worked together before, and given our extensive discussions over many months, we believe we share very similar investment practices, underwriting discipline, and client-centric cultures."

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