Fresh from its $39bn take-private of US Reit, Equity Office Properties, Blackstone becomes the world’s second largest operator of tourist attractions and theme parks with its acquisition of the famous Tussauds waxwork museum group.
2 min read · 22 January 2013
The London-based firm has closed its largest fund to date after receiving commitments of nearly €900m, almost three times the size of its previous vehicle.
2 min read · 22 January 2013
According to proprietary data from Private Equity Real Estate magazine, last year’s record fundraising looks set to continue in 2007.
2 min read · 22 January 2013
EQT, the regional buyout firm, has bought Scandic Hotels from Hilton Hotels for more than €800m.
1 min read · 22 January 2013
Nikko Principal Investments has sold UK firm RoadChef to an Israeli real estate group for £375 m. Nikko had owned the motorway service station chain for nearly ten years.
2 min read · 22 January 2013
As private equity funds evolve, they will increasingly need the guts to be considered sustainable companies. By Joshua Herrenkohl
10 min read · 22 January 2013
As competition increases in Shanghai and Beijing, second-tier markets are the toast of China—and cities like Qingdao and Hangzhou are turning into the next hot hotel markets. By Aaron Lovell
9 min read · 22 January 2013
Private equity groups are no longer buying British pubs just for economies of scale. Now, they're repositioning them to accommodate the country's changing tastes and its impending smoking ban. By Robin Marriott
6 min read · 22 January 2013
For the first time, PERE commemorates the people, firms and deals that shaped the past year in the global private equity real estate industry. And what a year it was.
10 min read · 22 January 2013
Citigroup Property Investors raised €1.6 billion for its debut European real estate fund last year. Here Roger Orf, who runs the firm's European arm, explains Citigroup's strategy, his 30-year career in real estate and that model train on his desk. By Robin Marriott
10 min read · 22 January 2013
