22 Jan, 2025

Pershing bids on Howard Hughes; CBRE to buy Industrious National for $400M

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By Meerub Anjum


S&P Global Market Intelligence presents a list of notable M&A transactions by North America-based real estate investors.

Pershing Square Capital Management LP proposed to acquire Howard Hughes Holdings Inc. for $1 billion in a merger transaction. The proposal is conditioned on negotiation and execution of a definitive agreement.

CBRE Group Inc. entered into a definitive agreement to acquire co-working and shared office space operator Industrious National Management Co. LLC for approximately $400 million.

Read the previous edition of Real Estate M&A Replay.