Announced
Financials
Tags
coliving
Belgium
Real Estate Holding and Development
Private Equity
Private
Cross Border
Acquisition
Friendly
Majority
Completed
Synopsis
Real estate investors Ivanhoé Cambridge, Belfius Insurance, and Belgian Sovereign Fund completed the acquisition of Cohabs, a Brussels-based company specializing in coliving. Financial terms were not disclosed. “Cohabs offers everything we are looking for in terms of an innovative concept in an alternative asset class, which matches a strong and growing trend in the living sector, and we are confident the company will further grow internationally. This operation is another demonstration of Ivanhoé Cambridge’s ability to successfully close structured private equity deals, and to diversify its portfolio with alternative asset classes," Youri Dauber, Cohabs Founder and CEO.
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