Blue Owl to Buy Sila Realty Trust for 2.4 Billion Dollars
Blue Owl Capital affiliates will buy Sila Realty Trust for $2.4 billion. The cash deal offers a 19 percent premium for the healthcare-focused REIT.
Affiliates of BLUE OWL CAPITAL INC have entered into a definitive agreement to acquire Sila Realty Trust, a healthcare-focused real estate investment trust, in an all-cash transaction valued at approximately $2.4 billion. Under the terms of the deal, the affiliates will pay $30.38 per share for all outstanding shares, representing a 19% premium over the closing price of $25.53 recorded on April 17.
Sila Realty Trust, which is headquartered in Florida, maintains a portfolio of 137 real estate properties and three undeveloped land parcels. These assets are distributed across 65 markets within the United States. This acquisition marks the latest expansion for the real assets division of Blue Owl Capital Inc, a segment that accounts for roughly one-quarter of the firm's $307 billion in total assets under management. The division also manages investments in industrial facilities, datacenters, and credit secured by real estate.
