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New Deal


Announced

Sojitz and Goldman Sachs to form a joint venture in a $15m deal.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Residential REITs

Pending

Japan

Majority

Joint Venture

real estate investment

Cross Border

residential real estate

Single Bidder

Private

Synopsis

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Sojitz, a sogo shosha based in Tokyo, and Goldman Sachs, an American multinational investment bank and financial services company, agreed to form a joint venture in a $15m deal. Sojitz and Goldman Sachs aim to become key players in Japan’s residential sector, and targets to provide consumers with premium living spaces and investors with a wide range of investment opportunities.

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