British private equity real estate firm Doughty Hanson has sold the Iso Omena shopping center—the last property in its Finnish retail portfolio—to property investment company Citycon for €329m.
2 min read · 22 January 2013
The now publicly traded firm has reportedly hired Daniel Fuji, the head of private equity at Japanese lender Shinsei Bank, to help launch a new Tokyo real estate office.
2 min read · 22 January 2013
On the heels of its recent Bay Area hotel acquisition from the same company, Carlyle Group has acquired properties in Hollywood, Florida—the first in its joint venture with MHI Hospitality.
2 min read · 22 January 2013
JER Partners has convened a high-profile advisory board to direct its investment interests throughout Latin America.
3 min read · 22 January 2013
Chicago-based Harrison Street Real Estate Capital has reportedly partnered with self-storage operator Morningstar Properties to purchase a marina on St. Simons Island in Georgia.
1 min read · 22 January 2013
Dubai-based private equity firm Istithmar has emerged with high-end retailer Barneys New York for a purchase price of $942m, after a month-long bidding war with Japanese clothing retailer Fast Retailing.
2 min read · 22 January 2013
Sir David Walker has published his recommendations on how UK private equity must improve transparency. The consultative report focuses on three areas: annual reporting by large portfolio companies; annual reporting by GPs, and the co-ordination of industry-wide performance data.
4 min read · 22 January 2013
AIM-listed China Real Estate Opportunities, launched by Irish developer Treasury Holdings in 2005 and recently refloated, has bought properties in Shanghai and Hongqiao.
1 min read · 22 January 2013
Blackstone has surpassed Goldman’s record for the biggest private equity fund raised to date, with the closing of its fifth fund on $21.7 billion.
2 min read · 22 January 2013
Principal Real Estate Investors, the property investment arm of Principal Financial Group, has acquired the Riverside Station apartment complex in a joint venture with Virginia-based developer Kettler.
1 min read · 22 January 2013