Starwood Capital Group, a private equity firm, offered to acquire the remaining 70% stake in CA Immobilien Anlagen, an Austrian real estate company, for $4.1bn. "Having recently increased our shareholding in CA Immo, we are pleased to announce this offer which is priced at the company's last reported EPRA NNNAV and represents an attractive premium to the current share price. We believe the offer provides a welcome opportunity for shareholders and convertible bondholders to realize liquidity. We look forward to continuing to support the company, and in connection with the offer, it is one of Starwood Capital's objectives to maintain CA Immo's investment-grade credit rating," Krysto Nikolic, Starwood Head of Real Estate for Europe.