Announced
Financials
Tags
Cross Border
Public
Pending
Single Bidder
Acquisition
Residential REITs
Friendly
United Kingdom
real estate investment trust
Majority
Synopsis
CK Asset, a long-term real asset investor, agreed to acquire Civitas Social Housing, a real estate investment trust, for £485m ($613m). “The group believes that the target’s position as one of the leading social housing providers in the UK and its social impact and earnings profile are complementary to its investment criteria, and make for a suitable strategic fit,” CK Asset.
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