Finance
Brookfield in talks to buy Blackstone's Fidere for $1.2 billion, Expansion reports
Published by Global Banking & Finance Review®
Posted on February 10, 2026
1 min readLast updated: February 10, 2026
Quick Summary
Brookfield is in talks to acquire Blackstone's Fidere for $1.2 billion, potentially marking a significant Spanish real estate transaction.
Brookfield Negotiates $1.2 Billion Acquisition of Blackstone's Fidere
Brookfield's Acquisition of Fidere
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.
Details of the Transaction
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 Property Portfolio
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.
Reactions from Brookfield and Blackstone
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)
Key Takeaways
- •Brookfield is negotiating to buy Blackstone's Fidere.
- •The deal is valued at approximately $1.2 billion.
- •Fidere's portfolio includes 5,300 properties in Madrid.
- •This could be one of Spain's largest real estate deals in 2024.
- •Neither Brookfield nor Blackstone have commented on the talks.
Frequently Asked Questions about Brookfield in talks to buy Blackstone's Fidere for $1.2 billion, Expansion reports
1What is an acquisition?
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.
2What is a portfolio in finance?
A portfolio is a collection of financial investments like stocks, bonds, commodities, and real estate held by an individual or institution.
3What is real estate?
Real estate refers to property consisting of land and the buildings on it, along with its natural resources, such as crops, minerals, or water.
4What is a financial market?
A financial market is a marketplace where buyers and sellers engage in the trade of assets such as stocks, bonds, currencies, and derivatives.
