Great-West Lifeco to buy Guggenheim's real estate PE platform
GWL Realty Advisors US Inc (GWLRA US), an affiliate of Winnipeg-based financial services holding company Great-West Lifeco, has agreed to acquire the real estate private equity platform of Guggenheim Investments. Terms weren't released for the deal, which is expected to close in Q4 2018. Power Corp of Canada's Great-West said the acquisition of Guggenheim Real Estate LLC (GRE) will enhance its investment platform in the United States. GRE will be combined with Denver, Colorado-based EverWest Real Estate Investors, which was acquired by GWLRA US earlier this year.
18 October 2018•3 mins read
