Announced
Financials
Tags
Real Estate Services
Majority
Private Equity
Acquisition
Private
Failed
multifamily assets
Cross Border
real estate investing
United States
Friendly
Synopsis
Taurus Investment Holdings, a private equity real estate firm, and Aegon Asset Management, the asset management arm of Aegon, agreed to form a joint venture to focus on ESG-centric venture to acquire value-add multifamily assets and considerably reduce the energy consumption and carbon output of those assets. Financial terms were not disclosed. “Taurus and Aegon AM have made a commitment to building a business that delivers returns to our investors, while also positively impacting both society and the environment, so it only makes sense to partner for this substantial decarbonization venture," Peter A. Merrigan, Taurus CEO.
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