BRIEF-Starwood Capital Enters Into Partnership With ESR Group Co-Founders To Acquire 10.7% Ownership Stake

Reuters03-20

March 19 (Reuters) -

* STARWOOD CAPITAL ENTERS INTO PARTNERSHIP WITH ESR GROUP CO-FOUNDERS TO ACQUIRE 10.7% OWNERSHIP STAKE

* STARWOOD CAPITAL- GIBSON WILL REMAIN CO-CHIEF EXECUTIVE OFFICER & EXECUTIVE DIRECTOR OF CO & PORTES WILL REMAIN A NON-EXECUTIVE DIRECTOR

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((Reuters.Briefs@thomsonreuters.com;))

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