Announced
Synopsis
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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