To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionBentallGreenOak to acquire Metropolitan Real Estate Equity Management
BentallGreenOak has signed an agreement to acquire Metropolitan Real Estate Equity from The Carlyle Group.
The deal adds Metropolitan’s integrated primary, secondary and co-investment real estate platform, with more than $2.4 billion (as of Dec. 31, 2020) in assets under management, to BentallGreenOak’s business to deliver further diversified investment strategies and an enhanced global market presence for a leading, global real estate investment management adviser and a globally recognized provider of real estate services.
Terms of the agreement have not been publicly disclosed. The transaction is subject to customary closing conditions. Closing of the deal is expected to occur in the first half of 2021.