11 juni, 2018

Starwood completes public bid on Victoria Park

Pangea Property Partners financial adviser to Starwood in the transaction

Starwood Capital Group (through its wholly owned subsidiary HomeStar InvestCo) has announced that shareholders representing 24.4% of the shares and 32.1% of the votes in Victoria Park have accepted the public cash offer presented in the beginning of April. All conditions for the offer have been met or waived and the transaction will be settled around 11 June 2018. Following the transaction, Starwood will control a total of 27,074,397 Class A shares, 32,486,304 Class B shares and 180,348 preference shares in Victoria Park.

For more information, please see press release here.

Pangea Property Partners has been financial and M&A advisor to Starwood in the transaction.

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