Announced
Financials
Sources
Tags
Real Estate Holding and Development
real estate developer
Private Equity
Majority
Single Bidder
Acquisition
Germany
Cross Border
Pending
Private
Friendly
Synopsis
Henderson Park, the private real estate investment fund manager, agreed to acquire a majority stake in GBI Holding, a residential real estate platform. Financial terms were not disclosed. "We welcome Henderson Park as our new majority shareholder. We share the same vision as Henderson Park, who is investing on behalf of institutional clients with a strong focus on ESG. Equally, we are pleased that the Moses Mendelssohn Foundation, GBI’s former majority shareholder, will stay invested in the company with a minority stake and our existing cooperation will continue," Reiner Nittka, GBI CEO.
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