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New Deal


Announced

Completed

Slate Asset Management completed the acquisition of 36 essential real estate assets for $171m.

Financials

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Transaction Value£130m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

Norway

Cross Border

real estate

Real Estate

Private Equity

Real Estate Holding and Development

Friendly

Acquisition

Single Bidder

Completed

Synopsis

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Slate Asset Management, an alternative investment platform, completed the acquisition of 36 essential real estate assets in Norway for $171m. “Essential real estate is one of our highest conviction investment themes, and we continue to accelerate our exposure to this asset class and scale our platform in Europe. This transaction significantly grows our footprint in one of Europe’s strongest and most stable economies with a portfolio of properties that are modern, high-quality and underpinned by best in-class tenant covenants. Our hands-on approach to asset management will enable us to identify and unlock the full potential of these assets to provide our investors with attractive long-term returns,” Brady Welch, Slate Founding Partner.

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