Published by Global Banking & Finance Review®
Posted on February 10, 2026
1 min readLast updated: February 10, 2026
Add as preferred source on GoogleBrookfield is in talks to acquire Blackstone's Fidere for $1.2 billion, potentially marking a significant Spanish real estate transaction.
MADRID, Feb 10 (Reuters) - Brookfield Asset Management is in exclusive talks with Blackstone to purchase its residential real estate company Fidere in Spain, Spanish newspaper Expansion reported on Tuesday, citing unidentified market sources.
The potential transaction could become one of the largest in the Spanish real estate sector this year, with an estimated value of around 1 billion euros ($1.2 billion), Expansion said.
Fidere's portfolio includes some 5,300 properties at 47 residential buildings in the Spanish capital, Madrid, as well as a large building in the city of Guadalajara. The entire portfolio was valued at around 1.2 billion euros by end-2024, according to Expansion.
Brookfield declined to comment on the report, while Blackstone did not immediately respond to a request for comment.
($1 = 0.8399 euros)
(Reporting by Paolo Laudani; Editing by David Latona, Aidan Lewis)
An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.
A portfolio is a collection of financial investments like stocks, bonds, commodities, and real estate held by an individual or institution.
Real estate refers to property consisting of land and the buildings on it, along with its natural resources, such as crops, minerals, or water.
A financial market is a marketplace where buyers and sellers engage in the trade of assets such as stocks, bonds, currencies, and derivatives.
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