Normandy Real Estate Partners has acquired the Starco Properties portfolio in Northern Virginia—right on the heels of picking up 13 properties sold by Morgan Stanley out of Glenborough REIT.
1 min read · 23 January 2013
Investment bank JP Morgan has invested $60m in a 50-story luxury residential building—in what could be the biggest investment ever made in a Mumbai-based developer.
1 min read · 23 January 2013
The UK Treasury has relaxed rules for the introduction of real estate investment trusts, which some believe could offer private equity firms an alternative exit route for property investments.
2 min read · 23 January 2013
The Greenwich-based private equity real estate firm is teaming up with China’s largest hotel operator to develop hospitality projects in the country.
2 min read · 23 January 2013
The private equity firm of the Dubai royals have taken a big stake in a European five-star hotel group.
1 min read · 23 January 2013
The financial services giant has taken a 51% stake in a Turkish REIT.
2 min read · 23 January 2013
Los Angeles-based Colony Capital is backing management in a $5bn take-private of casino group Station Casinos.
2 min read · 23 January 2013
Warburg Pincus has acquired a 20 percent stake in 7 Days, a budget hotel chain in China. The investment has been made from the firm’s first global real estate fund which closed on $1.2bn in October.
1 min read · 23 January 2013
A signature building 2006-12-01 Staff Writer Today, the John Hancock Tower is where the “city checks its reflection in the tower's signature skin,” according to the <italic>Boston Globe</italic>. Thirty years ago, however, the skyscraper was seen as a stain on Boston's skyline, irreparably markin
3 min read · 23 January 2013
In recent years, environmentally friendly hybrid cars have become increasingly prevalent in North America and Europe. Are green offices, home, hotels and shopping centers next? By Alison Granito
8 min read · 23 January 2013