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New Deal


Announced

Completed

Aggregate Holdings completed the acquisition of 9,03% stake in Immofinanz for £106m.

Financials

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Transaction Value£106m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales10x
EV/EBITDA16x
Share Price Premium-
One Off Charge-

Tags

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commercial real estate

Private

Friendly

Real Estate

Commercial REITs

Minority

Acquisition

Completed

Cross Border

Austria

Single Bidder

Synopsis

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Aggregate Holdings,a predominantly German-focussed real estate investment company, completed the acquisition of 9,03% stake in Immofinanz, a commercial real-estate company, for £106m. These investments in S IMMO and IMMOFINANZ demonstrate Aggregate’s long-term strategic commitment towards two significantly undervalued and high-quality real estate businesses as well as its long-term commitment to all their stakeholders and to Austria.

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