Blackstone Real Estate, an investment company, and MRP Group, a specialist in platform construction for alternative investments to capitalize opportunities in Mexico, offered to acquire Terrafina, a real estate trust specialising in an industrial portfolio and established to acquire, develop and manage real estate, for 1.6bn. "As the only announced all-cash tender offer, this transaction would provide substantial and immediate value for Terrafina’s shareholders and avoids the potential negative tax consequences associated with competing exchange offers. Additionally, this offer provides more certainty given the limited closing conditions. With a track-record of over 50 successful public company transactions, Blackstone Real Estate is well-positioned to execute this transaction," Blackstone.