Real estate M&A has eclipsed the record level set on the eve of the financial crisis — and it’s to do with the retail apocalypse (GGP)
|11/18/2017||Posted by BusinessMediaguide.Com under General World News||
- It’s been a record year for real estate mergers and acquisitions, with $387 billion in announced transactions worldwide.
- Part of the explanation rests with Real Estate Investment Trusts (REITs) that own and operate shopping malls, which have been battered amid the ongoing retail apocalypse but now may be undervalued.
- Global logistics businesses, which need warehouses to house and distribute product, are also driving the trend.
Mergers and acquisitions of real estate companies have hit record levels in 2017.
Through November 15, more than 3,300 real estate deals were announced worth $387 billion. They account for 12.1% of the total global M&A market by read more >>>