Starwood Capital Group has closed its previously announced acquisition of Austrian real estate company CA Immo. No financial terms were disclosed. UBS, Schoenherr Rechtsanwaelte and Cushman & Wakefield advised Starwood Capital on the transaction.
VIENNA and LUXEMBOURG, Sept. 27, 2018 /PRNewswire/ — Starwood Capital Group, a leading global private investment firm, today announced that its controlled affiliates have completed the acquisition from IMMOFINANZ AG of 25,690,163 no par value bearer shares and four registered shares in CA Immobilien Anlagen AG (“CA Immo”), representing approximately 26% of the total issued shares in CA Immo.
UBS, Schoenherr Rechtsanwaelte, and Cushman & Wakefield advised Starwood Capital.
About Starwood Capital Group
Starwood Capital Group is a private investment firm with a core focus on global real estate, energy infrastructure and oil & gas. The Firm and its affiliates maintain 12 offices in five countries around the world, and currently have approximately 4,000 employees. Since its inception in 1991, Starwood Capital Group has raised $45 billion of equity capital and currently has in excess of $60 billion of assets under management. The Firm has invested in virtually every category of real estate on a global basis, opportunistically shifting asset classes, geographies and positions in the capital stack as it perceives risk/reward dynamics to be evolving. Over the past 27 years, Starwood Capital Group and its affiliates have successfully executed an investment strategy that involves building enterprises in both the private and public markets. Additional information can be found at starwoodcapital.com.