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Announced

Completed

Brookfield-backed International Campus completed the acquisition of properties in Germany from Capital Bay for €230m.

Financials

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Transaction Value£197m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Majority

Cross Border

Single Bidder

Private Equity

Acquisition

real estate properties

Private

Friendly

Germany

Real Estate Holding and Development

Real Estate

Synopsis

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Brookfield-backed International Campus, an integrated real estate development and operation platform, completed the acquisition of properties in Germany from Capital Bay, an investment company, for €230m ($273m). “Our team leads the acquisition, development, letting and management of student projects in Europe. This reflects the strength of the IC platform in finding, developing and bringing to full occupancy excellent student and professional living properties that are not otherwise readily accessible," Gawain Smart, International Campus CEO.

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