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Announced

Completed

Partners Group and Dunas Capital formed an €400m joint venture.

Financials

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Transaction Value£339m
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

Private

Private Equity

real estate

Real Estate Holding and Development

Cross Border

Spain

Friendly

real estate asset manager

Joint Venture

Majority

Single Bidder

Synopsis

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Partners Group, a global private equity firm based in Switzerland, and Dunas Capital, a Spanish financial group engaged in movable and immoveable asset management, formed an €400m joint venture. "We are very excited to become a local partner in Spain of such a prestigious global player like Partners Group. I am convinced that our team's extensive knowledge of the Spanish property sector and the impressive capabilities of Partners Group will allow us to create a unique solution that will provide institutional investors with a high-quality and diversified exposure to PRS's Spanish assets in Spain," David Angulo, Dunas Capital CEO.

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