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New Deal


Announced

The Sapir Organization and 8F Investment Partners to acquire Columbia Property Trust for $2.4bn.

Financials

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Transaction Value£1,720m
Consideration TypeCash
Capital Owned3%
Capital Bid For97%
EV/Sales-
EV/EBITDA-
Share Price Premium25%
One Off Charge-

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Acquisition

Majority

Real Estate

Domestic

Commercial REITs

Private Equity

reit

United States

Friendly

Pending

Public

Synopsis

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The Sapir Organization, a multidisciplinary real estate investor, operator and developer, and 8F Investment Partners, a global diversified group, offered to acquire Columbia Property Trust, an office buildings operator, for $2.4bn. “We believe our proposal gives the company’s stockholders -- many of whom have already suffered through years of value erosion -- an attractive opportunity to obtain immediate liquidity at a full and fair valuation,” The investor group.

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