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Stock impact report

TPG Angelo Gordon, Dream Unlimited Corp., and Stadium Capital Partners to Acquire Dutch Residential Real Estate Portfolio

TPG Inc. - Class A (TPG) 
Company Research Source: Business Wire
Transaction Includes Nearly 3,000 Units Across Close to 90 Sites NEW YORK--(BUSINESS WIRE)--An investor group led by TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG Inc. (NASDAQ: TPG), along with its investment and operating partners—Dream Unlimited Corp. (TSX: DRM) (“Dream”) and Stadium Capital Partners—today announced it has entered into an agreement to acquire a Dutch residential portfolio from European Residential REIT (“ERES”) for approximately €695 million. The closing of the acquisition is subject to customary closing conditions and is expected to be completed by early next year.The agreement includes nearly 3,000 single-family and multifamily units across close to 90 sites in the Netherlands. The units will be managed and operated by the investor group, all of whom have significant local market resources and expertise.Anuj Mittal, TPG Angelo Gordon’s Head of Europe Real Estate, said, “TPG Angelo Gordon is deeply familiar with this portf Show less Read more
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