The global buyout group has done its first deal in China taking a non-control stake in Galaxy, a Macau casino operator, to fund an ambitious programme of property development and expansion.
2 min read · 22 January 2013
New York-based private equity real estate firm Apollo has hired Cindy Wenig as general counsel to advise on its transactions in the US and abroad.
1 min read · 22 January 2013
The $1bn private equity fund will take advantage of surging demand for hotels in the major business and leisure districts of Asia by teaming with Carlson, the owner of several hotel brands including Radisson.
2 min read · 22 January 2013
The European property fund manager’s new fund will focus on non-traditional areas of the market for a target return of 20 percent per annum.
2 min read · 22 January 2013
Joining a growing number of firms setting their sights on the healthcare sector, LaSalle has reportedly purchased nine medical office buildings in New York state.
1 min read · 22 January 2013
Betting on continued growth in the German office market, ING Real Estate has snapped up three office properties in the country.
2 min read · 22 January 2013
In its second personnel addition in two weeks, the private equity real estate firm has hired Edward Bates, formerly of Orion Capital Managers.
1 min read · 22 January 2013
As Japanese land prices continue to rise, Goldman Sachs has teamed with Aetos Capital to buy a Japanese company with a 179-strong property portfolio.
2 min read · 22 January 2013
Tishman Speyer and Lehman Brothers have purchased Colorado-based REIT Archstone-Smith in one of the largest take-privates since Blackstone’s Equity Office acquisition in February.
2 min read · 22 January 2013
Lightyear Capital has acquired the UK operations of German insurance company Württembergische Versicherung, after ensuring the company could become a member of Lloyd’s of London.
1 min read · 22 January 2013