Centerbridge Partners, GIC complete $868m INDUS Realty Trust acquisition

Centerbridge Partners, GIC complete $868m INDUS Realty Trust acquisition

Centerbridge Partners and GIC Real Estate have completed the acquisition of INDUS Realty Trust, a real estate investment trust (REIT) focused on industrial/logistics properties, in a merger deal worth $868 million. The acquisition by affiliates of Centerbridge Partners, a global private investment firm specializing in real estate, and GIC, a global institutional investor, was previously […]

Centerbridge Partners, GIC Real Estate to acquire Indus Realty Trust for $868m

Centerbridge Partners, GIC Real Estate to acquire Indus Realty Trust for $868m

Affiliates of investment firm Centerbridge Partners and institutional investor GIC Real Estate will acquire all of the outstanding shares of Indus Realty Trust, a US-based industrial/logistics real estate investment trust (REIT), for around $868 million in cash. Shareholders of Indus Realty Trust are being offered $67 per share. Post-closing, Indus Realty Trust will become a […]