By Haci Eren Sidar, Mustafa Arda Sis, Muthu Ramanathan, Josh Lai (University of Nottingham) Photo: Vida Huang (Unsplash) Overview of the deal Acquirer: Public Storage (NYSE: PSA) Target: National Storage Affiliates Trust (NYSE: NSA) Implied Equity Value: $8.1 billion Total Transaction Size: $10.5 billion Closed date: Announced March 16, 2026. Expected to close Q3 2026 Target advisor: Morgan Stanley (financial), Clifford Chance US LLP (legal) Acquirer advisor: Goldman Sachs,

By Mateo Roman Sy, Nathaline Marielle, Jeongmin Oh, Linh Nguyen, and Parth Talwar (University of Hong Kong); Rasmus Sjögren, Nikolas Kakona, Haris Jasarevic and Alexander Henje (Stockholm School of Economics) Photo: Pedro Lastra (Unsplash) Overview of the deal Acquirer: Brookfield and GIC Target: National Storage REIT Implied Equity Value: A$4 billion (approx. US$2.7 billion) Total Transaction Size: A$6.7 billion (~US$4.5 billion) Closed Date: Q2 2026 Target Advisor: Citi & J

By Julianna Zelnhefer, Alex Svanidze, Ryan Leo, and Ava Singer (Boston University); Anastasia Malikova, Dennis Malaj, Gauri Khanna (LSE) Photo: Jason Dent (Unsplash) Overview of the deal Acquirer : Savills plc Target : Eastdil Secured LLC Implied Equity Value : $921.25 million (USD) (60% cash/40% stock) Total Transaction Size : $1,112.5 million (USD) Closed date : Q2-Q3 2026, subject to regulatory clearances Target advisor : BDT & MSD Partners (financial), Latham & Watkins

By Tomiwa Oshai, Harvey Han, Omar Kanaa, Utku Kaya and Nayoung Kim (King’s College London); Mateo Roman Sy, Nathaline Marielle, Jeongmin Oh, Linh Nguyen and Parth Talwar (Hong Kong University) Photo: Avi Waxman (Unsplash) Overview of the deal Acquirer: Affinius Capital (lead) and Vista Hill Partners Target: Veris Residential, Inc. Implied Equity Value: USD $1.78 billion Total Transaction Size : USD $3.4 billion Close Date: Q2 2026 (Expected) Target Advisor: J.P. Morgan

By Mateo Sy, Linh Nguyen, Nathaline Marielle, Jeongmin Oh, Parth Talwar (HKUST); Alvaro Aguilar De Nalda (ESADE); Benedict Murphy, Shivam Gujral (University of Cambridge) Photo: Dominic Kurniawan Suryaputra (Unsplash) Overview of the deal Acquirer: Jardine Strategic Limited (“Bidco”), a wholly-owned subsidiary of Jardine Matheson Holdings Limited Target: Mandarin Oriental International Ltd Implied Equity Value : US$4.2 billion Total Transaction Size: The remaining 11.96%

By James Searle, Greg Dargue, Cameron Hansell, Ben Motamed (Durham University); Aviral Jain, Leon Gaster, Adalia Melvin, Haci Eren Sidar...

By Varun Vinay Iyengar, Rui Lee and Ardia Daniswara (King’s College London) ; Melvin Bergeret, Arthur Delfour, Axel Nkam and Victor Zheng...

Brookfield Property Partners expands their international presence with an acquisition of Australian retirement community REIT Aveo Group