TPG is eyeing a strong recovery in the US single-family sector in the wake of its deal to acquire the US and Canadian arm of British homebuilder Taylor Wimpey.
3 min read · 18 January 2013
The Dutch pension manager has agreed to sell its 12% stake in PEPR to ProLogis after the industrial giant sweetened its offer.
3 min read · 18 January 2013
Wall Street’s retreat from the world of private equity real estate is manifest in this year’s PERE 30 ranking.The ranking also demonstrates how firms closer to the private equity world are beginning to fill the void.
4 min read · 18 January 2013
The European property arm of Prudential Financial has completed a close of €554m for closed-end Pramerica Real Estate Capital 1 Fund.
2 min read · 18 January 2013
The Miami-based firm has closed on $100m for Parmenter Realty Fund IV.
2 min read · 18 January 2013
A pool of investors led by the two private equity giants has assumed control of a large portfolio of furniture showrooms in Las Vegas and High Point, North Carolina after completing a series of recapitalisations.
2 min read · 18 January 2013
The Dallas private equity firm was the biggest riser in the 2011 PERE 30 ranking, thanks to successful capital-raising for its second real estate fund. Meanwhile, consolidation, business exits and strategic shifts among bank-sponsored platforms began to manifest themselves in this year’s ranking.
2 min read · 18 January 2013
An affiliate of the Kuwait Investment Authority has paid $485m for the office building at 750 Seventh Avenue.
2 min read · 18 January 2013
The New York investment firm has won an auction alongside partner Chatham Lodging Trust to acquire 64 hotels from Innkeepers USA Trust, which filed for Chapter 11 bankruptcy protection in 2010.
1 min read · 18 January 2013
The management company of ProLogis European Properties says a €6.10 offer per ordinary share from ProLogis is ‘inadequate’ given the company’s full value potential.
2 min read · 18 January 2013
