The distressed loan specialist and real estate investor is buying a portfolio of German properties as Europe’s largest economy continues to recover.
2 min read · 23 January 2013
A joint venture between Walton Street and Westbrook Partners has acquired The Drake Hotel, which has played host to everyone from Queen Elizabeth to Hollywood royalty.
1 min read · 23 January 2013
Magic Mountain, the famed Los Angeles-area theme park, may soon be converted to a retail and residential development.
2 min read · 23 January 2013
A blogger in China is taking on the powers that be, urging local Shenzhen residents to boycott the real estate market.
2 min read · 23 January 2013
GI Partners, a trans-Atlantic private equity firm, has raised $1.45bn from investors including CalPERS, ATP and Abu Dhabi Investment Authority.
2 min read · 23 January 2013
The infusion will fund completion of Mills Corp’s troubled Xanadu entertainment and shopping complex, which is now expected to cost $2 billion, two-thirds higher than the original projection.
2 min read · 23 January 2013
The Minneapolis landmark, once a backdrop for the opening credits of The Mary Tyler Moore Show, fetched $277m in one of two large deals for high profile Twin Cities’ buildings.
1 min read · 23 January 2013
The British private equity real estate firm is offloading the rights to develop a shopping center in Sweden’s capital as it continues its sales spree.
1 min read · 23 January 2013
The US investor is buying an office above London’s busy Fenchurch Street station as it reaches the half way investment mark for a European fund.
1 min read · 23 January 2013
As Starwood Capital looks to expand into India, it has brought Balaji Rao on board to head its operations on the Asian subcontinent.
1 min read · 23 January 2013