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New Deal


Announced

Brookfield Asset Management to acquire alstria office REIT.

Financials

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Transaction Value-
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Pending

Acquisition

Public

Germany

Single Bidder

real estate investment trust

Mortgage REITs: Diversified

Cross Border

Friendly

Majority

Synopsis

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Brookfield Asset Management, an alternative asset management company, agreed to acquire alstria office REIT, an internally managed Real Estate Investment Trust. Financial terms were not disclosed. “As long-standing shareholders of alstria, we have a close relationship with the Management Board and are pleased about the opportunity to combine the high-quality German office portfolio, the established platform and the market-leading ESG references from alstria with the global real estate expertise of Brookfield. Access to our real estate ecosystem will enable alstria to develop its full potential," Brad Hyler, Brookfield Managing Partner and Head of European Real Estate.

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