Announced
Completed
Huge Harvest International completed the acquisition of New Century Real Estate Investment Trust for $246m.
Financials
Transaction Value£185m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Friendly
Majority
Single Bidder
Mortgage REITs: Residential
real estate investment trust
Completed
Acquisition
Public
Privatisation
China
Domestic
Synopsis
Huge Harvest International, the largest unitholder of New Century REIT, completed the acquisition of New Century Real Estate Investment Trust, a hotel REIT, for $246m.
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