.
MergerLinks Header Logo

New Deal


Announced

Completed

SITE Centers completed the acquisition of an 80% stake in six assets of Madison International for $107m.

Financials

Edit Data
Transaction Value£79m
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Real Estate Holding and Development

Private

commercial real estate

Real Estate

Friendly

Acquisition

Domestic

United States

Majority

Single Bidder

Completed

Synopsis

Edit

SITE Centers, a publicly traded real estate investment trust, completed the acquisition of an 80% stake in six assets of Madison International, a real estate investment firm, for $107m. Five of the six properties are anchored by Publix, are located in key Florida sub-markets where the company has an existing presence including Miami and Tampa, and offer upside from a mix of leasing and tactical redevelopment opportunities.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US