✉news BusinessReal Estate first seen 3 d ago, last 2 d ago, peak #37
EQT to buy US real estate manager Stockbridge for $375 million
Original: EQT agrees to buy US real estate manager Stockbridge for $375 million
Swedish private equity firm EQT has agreed to acquire Stockbridge, a US real estate investment manager, in a deal worth $375 million. The acquisition expands EQT's real assets platform and gives it a foothold in the American commercial property management market. Details on timing and integration have not yet been disclosed.
Why now: The acquisition signals continued consolidation in the real estate investment management sector.
Evidence
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