TA Associates Shuts on $1.9 B Sale of Exeter Residential Or Commercial Property Group

Boston-based TA Associates has closed the sale of its funds’ possession interest in Exeter Home Group to Swedish personal equity firm EQT Abdominal Muscle for $1.87 billion. With the finalization of the sale, first introduced in January, Exeter and EQT’s property organizations have actually combined as EQT Exeter.

“Our company believe Exeter has an unique investment and execution model making local manage neighborhood teams throughout 36 U.S., European, Asian as well as South American markets, as well as these capacities have assisted Exeter create excellent returns given that its founding in 2007,” said Roy Burns, handling supervisor at TA Associates.

Headquartered in Conshohocken, , Exeter is a real estate investment monitoring firm focused on acquiring, establishing, leasing and handling industrial, office as well as relevant company park properties throughout the UNITED STATE and Europe through a variety of value-add and also core return personal equity investment automobiles.

Goodwin Procter gave legal guidance to TA Associates.

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Paul Bubny functions as Elderly Content Director for Link Industrial Realty, a role to which he brings 13-plus years’ experience covering the industrial actual estate sector and 30-plus years in business-to-business journalism.
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Published at Wed, 07 Apr 2021 04:07:49 +0000

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