Transaction – Real Estate Investment Trusts

October 8, 2015

Blackstone to Buy BioMed Realty in $8 Billion Transaction

BioMed Realty Trust, Inc. (NYSE: BMR) said Oct. 8 that private equity firm Blackstone Group L.P. has agreed to acquire the life sciences office and lab space REIT in an all-cash transaction valued at $ 8 billion.

Blackstone’s real estate arm, Blackstone Real Estate Partners VIII, will pay $ 23.75 for each outstanding BioMed common share. This represents a premium of about 24 percent above the closing stock price on Sept. 22, the last date before speculation began about a potential sale of the company.

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September 10, 2015

Transaction Action in Hotel REIT Sector

In the latest episode of the NAREIT Podcast, Lukas Hartwich, a senior analyst with Green Street Advisors, discussed the recent transaction activity in the hotel sector.

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November 24, 2014

Fidelity Portfolio Manager Expects Active REIT Transaction Market in 2015

Steve Buller, portfolio manager at Fidelity Investments, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Buller discussed the impact of rising interest rates on REITs in both the United States and abroad. He noted that on a historical basis, there has been little correlation between REIT returns and higher interest rates.

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April 10, 2014

Commercial Property Transaction Volume Expected to Rise 21 Percent by 2016

Commercial property transaction volume is expected to reach $ 430 million by 2016, a 21 percent increase from 2013 and the highest level seen since 2007, according to a survey from the Urban Land Institute (ULI) and tax and advising firm EY.

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