Columbia acquiring Normandy for $100M in New York real estate’s latest megamerger
Normandy | October 16, 2019
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.