Billionaire real estate investor Sam Zell has been selected to back the $8.2bn privatisation of newspaper publisher Tribune Company, a transaction which involves the sale of a stake in a Chicago baseball team and an Employee Stock Ownership Plan.
1 min read · 22 January 2013
Shareholders have approved the appointment of Sebastien Bazin to the supervisory board of Carrefour as Colony Capital challenges the company to sell off its real estate assets.
2 min read · 22 January 2013
Dawnay Day Sirius, which has been set up to convert large mixed-use German properties into flexible workspace, floated today on the Alternative Investment Market.
2 min read · 22 January 2013
The New York-based private equity real estate firm has teamed up with Aimbridge Hospitality and JF Capital Advisors in the acquisition of Eagle Hospitality.
1 min read · 22 January 2013
The private equity firm is committing $100m to a joint venture with Williamsburg, Virginia-based hotel REIT MHI.
2 min read · 22 January 2013
The UK buyout firm has realized £200m from the sale-and-leaseback of a portion of the property estate of UK off-license chain Threshers.
1 min read · 22 January 2013
Swedish private equity firm Accent Equity has purchased a stake in the largest hotel chain in Sweden, Scandic Hotels, a few weeks after EQT agreed to buy the company from Hilton.
1 min read · 22 January 2013
Intermediate Capital has closed its fourth mezzanine fund with €2.25 billion of firepower – the biggest ever raised in Europe. The fund will invest in mezzanine and senior debt, and could also be used for equity co-investments.
2 min read · 22 January 2013
After surving World War II and a number of raves, a former electrical plant in Berlin has been turned into offices.
3 min read · 22 January 2013
At its third annual conference, INREV has named a new chairman, proposed new protocol for due diligence and released European fund returns for 2006.
3 min read · 22 January 2013