Announced
Financials
Tags
Private Equity
Pending
Acquisition
Public
Germany
Single Bidder
real estate investment trust
Mortgage REITs: Diversified
Cross Border
Friendly
Majority
Synopsis
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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