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New Deal


Announced

BentallGreenOak to acquire Metropolitan Real Estate from The Carlyle Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Public

Majority

Friendly

property

investments

Cross Border

United States

real estate

Pending

Private Equity

Real Estate Services

Synopsis

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BentallGreenOak, a global real estate investment management advisor and a globally-recognized provider of real estate services, agreed to acquire Metropolitan Real Estate, a real estate investment firm, from The Carlyle Group. Financial terms were not disclosed. "Our shared focus on investment performance, entrepreneurial mindset, and the complementary nature of our businesses makes BentallGreenOak both a strong strategic and cultural fit for the Metropolitan team. We will look to leverage BentallGreenOak’s deep real estate resources to drive future value for our investors and accelerate growth opportunities for Metropolitan’s secondaries, co-investment and separately managed account businesses," Sarah Schwarzschild and John So, Metropolitan Real Estate Co-Heads.

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