Reported Earlier, Starwood Capital Acquires 10.7% Stake In ESR Group In Partnership With Co-Founders
Portfolio Pulse from Benzinga Newsdesk
Starwood Capital Group has announced its acquisition of a 10.7% equity stake in ESR Group, in partnership with ESR's co-founders, Stuart Gibson and Charles de Portes. This strategic move signifies Starwood's investment in the real estate sector through a significant stake in ESR.
March 20, 2024 | 6:05 am
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Starwood Capital Group's acquisition of a 10.7% stake in ESR Group, alongside the company's co-founders, highlights a strategic investment in the real estate sector.
The acquisition of a significant stake in ESR Group by Starwood Capital, a leading investment firm in real estate, is likely to be viewed positively by investors. This move not only demonstrates Starwood's confidence in ESR's business model and growth prospects but also strengthens its position in the real estate sector. The partnership with ESR's co-founders could provide additional strategic benefits and insights, potentially leading to positive short-term impacts on Starwood Capital's stock price.
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