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Under which blackstone real estate partners x together with blackstone real estate income trust, inc. On friday, blackstone announced its intention to acquire.
Breit, which made an initial $240 million exchangeable preferred equity investment in tricon in 2020 and is maintaining its ownership stake, has entered into a support agreement. “this transaction marks an exciting new chapter in tricon’s history, one poised to deliver exceptional. Blackstone announced today that it has entered into an agreement with tricon residential inc.
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Toronto — blackstone real estate says it will purchase all outstanding shares in tricon residential inc.
Blackstone entered an agreement to acquire all outstanding common shares of tricon, with a price tag of $11.25 per common share.
