Announced
Completed
Financials
Tags
Acquisition
Private Equity
Completed
Friendly
Single Bidder
Cross Border
Majority
Private
Canada
Real Estate Services
Real Estate
warehouse
Synopsis
TPG, a private equity firm, completed the acquisition of a 75% stake in two Class-A industrial business parks in the Greater Toronto Area: Brampton Business Park and Vaughan Business Park, from Oxford Properties, a Canadian multinational corporation, for $750m. “This joint venture provides a unique opportunity to enter the market at scale through the acquisition of some of the highest-quality industrial assets in all of Toronto,” Jacob Muller, TPG Partner.
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