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Announced

Completed

Pacific Investment Management Company completed the acquisition of Columbia Property Trust for $3.9bn.

Financials

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Transaction Value£2,817m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium27%
One Off Charge-

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Single Bidder

Acquisition

Public

Friendly

Private Equity

Commercial REITs

real estate

United States

reit

Domestic

Majority

Completed

Synopsis

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Pacific Investment Management Company, a global investment management firm focusing on active fixed income management, completed the acquisition of Columbia Property Trust, a real estate investment trust company, for $3.9bn. "Today’s announcement represents the result of a comprehensive strategic review process and demonstrates the value and stability of Columbia’s portfolio, the resiliency of our platform, and the capabilities of our team," Nelson Mills, Columbia President and CEO.

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