.
MergerLinks Header Logo

New Deal


Announced

Completed

Brookfield completed the acquisition of Befimmo for €2.5bn.

Financials

Edit Data
Transaction Value£2,086m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium51.8%
One Off Charge-

Tags

Edit

Public

Friendly

Commercial REITs

Private Equity

Single Bidder

Belgium

Acquisition

Majority

Cross Border

real estate investment

Completed

Synopsis

Edit

Brookfield, a Canadian multinational company that is one of the world's largest alternative investment management companies, completed the acquisition of Befimmo, a real estate operator that primarily engages in the acquisition, management, and leasing of office properties in Belgium and Luxembourg, for €2.5bn. “We are pleased that Brookfield recognizes the value and quality of our portfolio, the dedication of our team and the future growth opportunities for the Company. We believe this transaction represents the best path forward for our company to benefit from the strategic partnership of one of the world’s most experienced real estate investors as we navigate the evolving environment for office real estate," Jean-Philip Vroninks, Befimmo CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US