9.14.23 | This week we recognized 2 capital-related transactions with a disclosed value of $3.5 Billion USD.
| Deal Size (Bn USD) | Capital Related Transactions |
| $1.9 | Kroger, Albertsons Selling 413 Stores, 8 Distribution Centers, 2 Offices to C&S in $1.9 Billion Deal |
| $1.6 | AustralianSuper Backs Vantage Data Centers with €1.5 Billion (USD $1.6 Billion) Investment and Joins DigitalBridge as Key Shareholder |
| $3.5 | Total |
Additionally, we recognized 1 leadership change within the industry.
Summary of Transaction Headlines
Bisnow | “Kroger, Albertsons Selling 413 Stores, 8 Distribution Centers, 2 Offices to C&S in $1.9 Billion Deal”
The Kroger Company and Albertsons Company are selling 413 stores for $1.9 Billion to C&S Wholesale Grocers, according to a filing by the supermarket chains with the Securities and Exchange Commission. C&S, which operates Grand Union and Piggly Wiggly stores, will pay cash. The deal includes stores in 17 states and Washington, D.C., plus eight distribution centers, two offices and five private label brands. The move is an effort to help win regulatory approval of Kroger and Albertsons’ $24.6 Billion merger plan, which was announced last October, and which is being examined by the Federal Trade Commission.
Business Wire | “AustralianSuper Backs Vantage Data Centers with €1.5 Billion (USD $1.6 Billion) Investment and Joins DigitalBridge as Key Shareholder”
AustralianSuper, Australia’s largest pension fund, announced that it is investing €1.5 Billion (USD $1.6 Billion) to acquire a significant minority stake in Vantage Data Centers Europe, Middle East, and Africa (Vantage EMEA), a DigitalBridge-sponsored company. DigitalBridge Group, Inc is a leading global alternative asset manager dedicated to investing in digital infrastructure. AustralianSuper will be a key shareholder in Vantage EMEA, one of the fastest growing hyperscale data center platforms in the region. Together, AustralianSuper and DigitalBridge-sponsored vehicles will support Vantage’s expansion and development of hyperscale data centers across EMEA, utilizing the company’s campus model to drive accelerated time to market while building on its longstanding customer relationships, track record of growth and next-generation infrastructure capabilities.
IREI | “Hines Veteran Claire Cormier Thielke Takes Up CIO Asia Role at Prologis”
Claire Cormier Thielke has left her post at Hines to become Chief Investment Officer Asia at Prologis. Thielke was at Hines for more than 10 years. According to LinkedIn, she joined the firm as a Chief Operating Officer Hines Investment Management in 2013 and subsequently was named Managing Director Hines Asia Pacific in 2019 and Country Head Hines Greater China in 2021.
Large Platform Events | Issue 26.15
Large Platform Events | Issue 26.14
