Regency Centers Acquires Urstadt Biddle Properties in All-Stock Transaction
May 18, 2023
Regency Centers Corporation agreed to acquire Urstadt Biddle Properties Inc. in an all-stock merger valued at approximately $1.4 billion including assumed debt and preferred stock. The combined company will create a larger portfolio of grocery-anchored, open-air shopping centers (481 properties, ~56 million sq. ft.), with Regency shareholders owning ~93% and Urstadt Biddle shareholders ~7% of the combined company.
- Buyers
- Regency Centers Corporation
- Targets
- Urstadt Biddle Properties Inc.
- Sellers
- Urstadt Biddle Properties shareholders
- Industry
- Real Estate
- Location
- Connecticut, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Public Storage Acquires Simply Self Storage from BREIT for $2.2 Billion
July 24, 2023
Real Estate
Public Storage agreed to acquire Simply Self Storage from Blackstone Real Estate Income Trust (BREIT) for $2.2 billion. The deal includes 127 wholly-owned properties totaling ~9 million net rentable square feet across 18 states (predominantly Sunbelt markets) and is expected to close in the third quarter of 2023.
-
Affiliates of Blackstone Real Estate Acquire Bluerock Residential Growth REIT
October 6, 2022
Real Estate
Affiliates of Blackstone Real Estate (Blackstone) completed an all-cash acquisition of Bluerock Residential Growth REIT, Inc. for $24.25 per share, valuing the transaction at approximately $3.6 billion. The deal included a spin-off of Bluerock's single-family rental business into a newly listed REIT, Bluerock Homes Trust (BHM).
-
Blackstone Acquires PS Business Parks for $7.6 Billion
July 20, 2022
Real Estate
Affiliates of Blackstone Real Estate completed the acquisition of all outstanding shares of PS Business Parks, Inc. for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion. The deal brings PSB's portfolio—93 properties serving ~4,800 tenants across ~27 million square feet (plus ~800 residential units)—into Blackstone's real estate platform (operated via Link Logistics), expanding its industrial/industrial-flex and suburban office footprint.
-
Blackstreet Capital Affiliate Acquires Red Apple Stores Inc.
May 6, 2021
Retail
An affiliate of Blackstreet Capital Holdings, LLC has acquired Red Apple Stores Inc., the operator of 142 small‑town general merchandise stores under the Red Apple and The Bargain! Shop banners. Blackstreet said it will partner with Red Apple management to support growth, open new stores, and provide operational support through key hires.
-
Kingswood Holdings Acquires Regency Investment Services
September 18, 2020
Wealth Management
Kingswood Holdings Limited has acquired Regency Investment Services Limited for a total consideration of £3.45 million, subject to regulatory approval. The deal, funded in part through convertible preference shares subscribed by HSQ Investment Limited (linked to Pollen Street Capital), increases Kingswood's client-facing advisory team and brings approximately £320m of AUA/AUM and ~1,000 clients into the group.
-
EQT AB Acquires Exeter Property Group to Create EQT Exeter
January 26, 2021
Real Estate
EQT AB completed the $1.87 billion combination with Exeter Property Group, acquiring Exeter's management company and carried interest stakes and combining the businesses under the EQT Exeter brand. Consideration comprised approximately $800 million in newly issued EQT AB shares and $1,070 million in cash (including refinancing of existing Exeter debt); Exeter management received a mix of shares and cash and will join EQT leadership. The deal expands EQT's real estate capabilities and geographic footprint across North America and Europe.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.