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REITs M&A set to pop off in 2024: Corrs predictions

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After bugger-all activity in 2023, public real estate sector M&A activity is set to make a comeback, or so says Corrs Chambers Westgarth.

In an exclusive interview with Street Talk, head of corporate Sandy Mak predicts strategic scrip mergers between publicly listed real estate investment trusts (REITs) will feature on the M&A landscape as larger players look to consolidate the sector, diversify asset classes and build scale for when the economy turns.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/reits-m-and-a-set-to-pop-off-in-2024-corrs-predictions-20231114-p5ejvd