AcquisitionFeb 2, 2026Completed
🇺🇸 United States
PRPeakstone Realty TrustBABrookfield Asset Management
Real Estate › REITs
Enterprise value$1.2BEnterprise value
AnnouncedFeb 2, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
A Brookfield private real estate fund agreed to acquire all outstanding shares of Peakstone Realty Trust for $21.00 per share in cash, an implied enterprise value of about $1.2 billion.
Deal rationale
Brookfield aims to expand its industrial real estate platform with Peakstone's diversified industrial and industrial outdoor storage portfolio.
AI-generated from the SEC filingCompletedReal Estate › REITsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $1.2B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
CCitiGSGoldman SachsMSMorgan Stanley
Sell-side
BOBank of America
Parties
Target
PRPeakstone Realty Trust
- Headquarters
- United States
- Ticker
- PKST
Acquirer
BABrookfield Asset Management
- Headquarters
- United States
- Ticker
- —