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Announced

Completed

SinOceanic I completed the acquisition of 181 West Madison Street Chicago from PWM Property Management for $245m.

Financials

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Transaction Value£197m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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United States

office tower

Cross Border

Private

Completed

Friendly

Acquisition

Majority

Single Bidder

Real Estate

Real Estate Holding and Development

Synopsis

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SinOceanic I, a calcined bauxite manufacturer in China, completed the acquisition of 181 West Madison Street Chicago, a commercial office tower, from PWM Property Management, a company providing real estate services, for $245m.

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