Brookfield's Acquisition of GGP
In March 2018, Brookfield Property Partners announced a $9 billion transaction to purchase the remaining equity it does not currently own in publicly traded mall REIT General Growth Properties (GGP).
Blackstone/Ivanhoe Cambridge Acquisition of Pure Industrial Real Estate Investment Trust
In January 2018, Blackstone Group LP announced that it had teamed with Ivanhoe Cambridge on a $2 billion privatization of publicly-traded Canadian and U.S. logistics REIT Pure Industrial Real Estate Investment Trust (PIRET).
Blackstone's Acquisition of Canyon Industrial Portfolio
mega deals
In March 2018, Blackstone Real Estate Income Trust Inc. announced its $2 billion acquisition of the Canyon Industrial portfolio, a 22-million-sq.-ft. portfolio of industrial assets, including 146 last-mile infill warehouses and distribution buildings.
Marriott Vacations' Purchase of ILG
In April, Marriott Vacations Worldwide Corp. agreed to buy ILG Inc. for about $4.7 billion in a stock and cash deal, creating the largest luxury brand for timeshare vacation resorts.
Prologis' Bid for DCT
In April, Prologis announced that it had made an $8.4 billion bid to acquire DCT Industrial Trust Inc.
Blackstone's Purchase of Gramercy Property Trust
In May, Blackstone announced that it would buy Gramercy Property Trust for $7.6 billion.
Colliers International's Stake in Harrison Street
In May, Colliers International announced that it will acquire 75 percent of Harrison Street from its founders for $450 million, with an additional $100 million payable in 2022, based on the company achieving certain accelerated performance targets. The deal was likely motivated by Colliers’ desire to enter the investment management space.
Unibail-Rodamco's Purchase of Westfield Corp.
In May, shareholders voted to approve Unibail-Rodamco’s nearly $16 billion purchase of Westfield Corp. that was announced in December.
Blackstone's Acquisition of LaSalle Hotel Properties
On May 21st, it was announced that Blackstone Real Estate Partners VIII would acquire all outstanding common shares of LaSalle Hotel Properties for a reported $4.8 billion. The purchase price for the hotel REIT reportedly reflects a premium of about 13 percent to LaSalle’s NAV.
