Esporta eyed by private equity firms and property investors for up to £500m.
2 min read · 23 January 2013
The New-York based firm intends to convert the three luxury buildings in Greenwich, which it bought for $50m, from rental units to condominiums.
1 min read · 23 January 2013
The fund closing by Europe’s largest property fund manager comes as research shows €95 billion was invested in European property in the first half of 2006.
2 min read · 23 January 2013
Morgan Stanley’s real estate arm has signalled a retreat from the Italian non-performing loan market with the sale of five portfolios for €918.5m.
2 min read · 23 January 2013
The government of Singapore’s real estate arm has purchased Munich’s tallest tower in a deal valued at €300m.
2 min read · 23 January 2013
The McLean, Virginia-based firm has acquired close to 300,000 square feet of North San Jose office space, which it plans to reposition.
1 min read · 23 January 2013
The Palo-Alto based firm has paid $219m for a portfolio that includes a million square feet of commercial space concentrated around Los Angeles and San Diego.
1 min read · 23 January 2013
Daniel Cummings will become a senior advisor for international real estate at The Carlyle Group after joining as a managing director in 2000.
2 min read · 23 January 2013
The Virginia-based firm has agreed to buy limited-service operator Jameson Inns for $371m, gaining a bigger foothold in the hotel sector in the Southeast and Midwest.
2 min read · 23 January 2013
Travel and real-estate company Cendant announced plans to sell its travel distribution services subsidiary Travelport—which includes its Orbitz and CheapTickets businesses—to The Blackstone Group for about $4.3bn in cash.
1 min read · 23 January 2013