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Content tagged with: Transactions

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PIRET to be acquired by Blackstone in $3.8B deal

Don Wilcox Commercial Transactions National Jan. 9 2018

Pure Industrial Real Estate Trust (AAR-UN-T) announced Tuesday morning it will be acquired by an affiliate of Blackstone Property Partners (BX-N) in an all-cash transaction valued at $3.8 billion.  The transaction price of $8.10 per share of PIRET represents a 21 per

CPPIB, partners buy US$1.1B student housing portfolio

Mario Toneguzzi Residential Transactions International Jan. 3 2018

Canada Pension Plan Investment Board (CPPIB), in a joint venture with The Scion Group and GIC, has added “significant scale” to its student housing portfolio with the US$1.1B purchase of 22 U.S. properties. The portfolio, comprised of about 13,666 beds

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