Columbia Property Trust is buying Normandy Real Estate Management in a deal worth about $100 million, Columbia announced on Wednesday. Columbia has signed a definitive agreement to acquire Normandy’s operating platform, along with its general partner interests in a trio of active management funds, the company said. The transaction is expected to close by the end of the year. Columbia president and CEO Nelson Mills said in a statement that the merger will allow the
source https://therealdeal.com/2019/10/16/columbia-acquiring-normandy-for-100m-in-new-york-real-estates-latest-megamerger/
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