UndisclosedMergerReal EstateCompleted
FIBRA Monterrey completes FIBRA Macquarie internalization
Macquarie Asset Management announced that FIBRA Monterrey has completed the internalization of FIBRA Macquarie. It follows FIBRA Monterrey's successful tender offer for FIBRA Macquarie's outstanding real estate trust certificates. The completion ends Macquarie's management of the vehicle, which began with its IPO in December 2012.
Why it matters: The deal closes out nearly 14 years of Macquarie management since the Mexican REIT's 2012 IPO.
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