TPG Real Estate Partners Files Offer to Acquire Intervest Offices & Warehouses NV for €21.00/Share

TPG Real Estate Acquires Majority Stake in Three Northern Virginia Hyperscale Data Centers from Digital Realty

July 27, 2023

Real Estate

TPG Real Estate (through TPG Real Estate Partners) has acquired a majority stake in a portfolio of three stabilized hyperscale data centers in Ashburn, Northern Virginia, in a joint venture with Digital Realty, which retains a minority interest and will continue to manage the assets. The three facilities were contributed at an aggregate value of $1.5 billion (approx. 104 MW IT capacity), with the transaction valuing the portfolio at roughly a 6.0% cap rate and Digital Realty receiving about $1.3 billion of gross proceeds.

TPG Real Estate Partners Acquires Industrial Parks from Contera in Czech Republic

April 17, 2019

Real Estate

TPG Real Estate Partners (TREP) has acquired certain industrial assets from Czech developer Contera, including industrial parks in Teplice and Ostrava, in a transaction valued at more than €90 million. The acquisition is part of a strategic venture formed between TREP and Contera to acquire and develop industrial real estate projects in Central Europe, primarily the Czech Republic and Slovakia, with Contera continuing to operate and manage the assets.

TPG Real Estate Partners Acquires Studio Babelsberg AG

January 3, 2022

Media & Entertainment

TPG Real Estate Partners (TREP), the real estate investment platform of TPG, completed the acquisition of a majority stake in Studio Babelsberg AG via purchase of the main shareholder Filmbetriebe Berlin Brandenburg GmbH and a public tender offer at EUR 4.10 per share. Studio Babelsberg will join TREP's global studio platform, Cinespace Studios, with the existing management (Dr. Carl L. Woebcken and Christoph Fisser) retaining a minority stake.

TPG Real Estate Partners Acquires 75% of Témpore Properties from Sareb

July 5, 2019

Real Estate

TPG Real Estate Partners (TREP), the real estate platform of TPG, agreed to acquire a 75% stake in Spanish residential Socimi Témpore Properties from Sareb, valuing the company at €329.5 million. Sareb will retain a 24.12% stake, Témpore will remain listed on the MAB and CEO Nicolás Díaz Saldaña will continue to lead the company.

Dream Industrial REIT Acquires €882M Pan‑European Logistics Portfolio from Clarion Partners Europe

June 24, 2021

Logistics & Distribution

Dream Industrial REIT closed the acquisition of shares of a corporation owning a 31-property, 8.9 million sq ft pan‑European logistics portfolio from Clarion Partners Europe for approximately $850 million (≈€882 million). The fully leased portfolio (weighted average lease term 5.3 years) is 50% food distribution and 3PL tenants by net rent; the deal was financed via subscription receipts, cash on hand and an $800 million debenture offering.

TPG Invests ₹1,837.5 Crore in Reliance Retail Ventures

October 2, 2020

Retail

Global private equity firm TPG will invest ₹1,837.5 crore in Reliance Retail Ventures Limited (RRVL), taking a ~0.41% fully diluted stake and valuing RRVL at a pre-money equity value of ₹4.285 lakh crore. The minority growth investment, made from TPG's TPG Capital Asia fund, is intended to support Reliance Retail's New Commerce transformation and expansion of its omnichannel and merchant platform.