REIT Sun Communities to sell superyacht servicing business to Blackstone for $5.65 billion

Reuters

2025/02/24

Feb 24 (Reuters) - Real estate investment trust Sun Communities SUI.N said on Monday it would sell its superyacht servicing business, Safe Harbor Marinas, to Blackstone Infrastructure BX.N for $5.65 billion in cash.

(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Shilpi Majumdar)

((Aatreyee.Dasgupta@thomsonreuters.com))

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