Sydney, Australia-based investors and Los Angeles-based private equity firm Saban Capital Group have acquired 21 office properties that comprised the U.S. office portfolio of the former Australian REIT Record Realty. The group purchased the portfolio at a 29% discount to net asset value. Real Estate Capital Partners Managed Investments Ltd. as responsible entity for Real Estate Capital Partners USA Property Trust (RCU), together with Saban Capital…
Originally posted here:
LA Private Equity Firm and Australian REIT Acquire 21 Property U.S. Portfolio






