.
MergerLinks Header Logo

Announced

Lazari Investments and Derwent London to form a $93m joint venture.

Financials

Edit Data
Transaction Value£67m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

United Kingdom

Real Estate Services

Domestic

real estate services

Majority

Joint Venture

Single Bidder

Private Equity

property and business lending

Pending

Friendly

Private

Synopsis

Edit

Lazari Investments, a property investment firm, and Derwent London, a London-focused real estate investment trust, agreed to form a $93m joint venture. “We are confident that combining our skills with our strong long-term relationships with Lazari Investments, UCLH and The Portman Estate will ensure these growing West End areas continue to benefit from the provision of best in class, high quality and sustainable business accommodation," Paul Williams, Derwent CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US