Brief: Safehold Announces Joint Venture With Brookfield For Diversified Ground Lease Portfolio
11/06/2026 21:35
BRIEF-Safehold Announces Joint Venture With Brookfield For Diversified Ground Lease Portfolio June 11 (Reuters) - Safehold Inc SAFE.N:
SAFEHOLD ANNOUNCES JOINT VENTURE WITH BROOKFIELD FOR DIVERSIFIED GROUND LEASE PORTFOLIO
SAFEHOLD - BROOKFIELD TO PURCHASE 49% INTEREST IN VENTURE AT $348 MILLION GROSS VALUATION
SAFEHOLD - RETAINS CALL OPTIONS TO REPURCHASE BROOKFIELD'S INTEREST AFTER YEAR 7
SAFEHOLD - TO MAINTAIN DAY-TO-DAY CONTROL AND MANAGEMENT OF ASSETS
SAFEHOLD - VENTURE TO BE CONSOLIDATED ON SAFEHOLD FINANCIALS; BROOKFIELD'S INVESTMENT WILL BE RECOGNIZED AS NON-CONTROLLING INTEREST
Source text: ID:nPn6cd213a
Further company coverage: SAFE.N
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