Citing an "adverse effect on the business," the two firms end their $1.1 billion agreement to acquire stakes in 64 Innkeepers hotels.
1 min read · 18 January 2013
The Paris-based insurer says it has transacted more than €2bn of deals in the first half of the year. Meanwhile, it says there has been an investment shift among clients from Paris to other core markets.
2 min read · 18 January 2013
Using capital from its second Africa-focused private equity real estate fund, the London-based emerging markets private equity firm has acquired a 60 percent stake in Nairobi-based development management firm Mentor.
2 min read · 18 January 2013
Denmark’s ATP Real Estate has selected two funds as part of its programme to invest €700m in unlisted real estate, joint ventures and club deals, including a first commitment to a Morgan Stanley real estate fund.
2 min read · 18 January 2013
Blackstone, Starwood duo receive backing from one of the world’s richest men to launch Crosstree Real Estate Partners in a bid to invest in up to £1bn of property in the UK and possibly further afield into Europe.
1 min read · 18 January 2013
LaSalle Investment Management global chief executive officer Jeff Jacobson has called time on his tenure leading the firm from its Singapore office returning to its global headquarters in Chicago.
2 min read · 18 January 2013
An affiliate of Starwood Capital has agreed to acquire an 18-property hotel portfolio from the Philadelphia-based hospitality REIT for $155 million.
2 min read · 18 January 2013
The firm has exited Thailand's Central Pattana after eight years and generated $170m in the process.
2 min read · 18 January 2013
The New York-based real estate fund manager has hired industry veteran Joseph Morningstar to focus on sourcing special situation investment opportunities.
2 min read · 18 January 2013
The New York firm has taken just four months to raise more than a third of its $10 billion target for the incoming real estate opportunity fund. Separately, it also is in talks with Bank of America Merrill Lynch to buy the remaining real estate from its global real estate principal investments platform.
2 min read · 18 January 2013
