Announced
Completed
Financials
Tags
Cross Border
Poland
Real Estate Holding and Development
Private
Friendly
residental builidngs
Acquisition
Single Bidder
residential development
Majority
Private Equity
Completed
Synopsis
Cornerstone Partners, a private equity firm, and Crestyl, a real-estate developer, completed the acquisition of Budimex Nieruchomości, a residential property developer from Budimex, a construction and engineering group, for $388m. "Together with Crestyl, we would like to establish the company as a significant player in the area of residential real estate sales and rentals in the CEE region. This acquisition is the first step towards achieving that goal," Paweł Dębowski, Cornerstone Partners Managing Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.