The Washington, DC-based private equity giant is hoping to exit from its investment in China hotel operator New Century Hotel Group via the Hong Kong REIT market, expecting Hong Kong and international investors to pay $254 million for the company and its portfolio.
2 min read · 28 August 2013
New ‘powerhouse’ created as TIAA-CREF combines its Asia and Europe property business with that of Henderson Global Investors. The transaction, which also includes TIAA-CREF buying Henderson’s US business, is valued at $176.6 million.
5 min read · 28 August 2013
A combination of £200 million in fresh investment and cancelled redemptions has helped stave off collapse of UBS Global Real Estate’s flagship fund in the UK.
2 min read · 28 August 2013
The London-based firm has purchased the portfolio for €174.5 million on behalf of its EPISO3 opportunity fund.
2 min read · 28 August 2013
As Lone Star sets about raising its largest dedicated real estate fund, its focus for the capital is likely to be more on hard assets than before.
3 min read · 28 August 2013
The Beverly Hills-based real estate investment firm acquired a 50 percent stake in Clancy Quay and expects to leverage the property post-closing.
2 min read · 28 August 2013
The Fort Worth, Texas-based private equity firm will invest $135 million in an Arizona-based homebuilder, marking its second senior housing transaction this year.
2 min read · 28 August 2013
The Asian arm of real estate investment firm Pramerica Real Estate Investors has confirmed its hire of Eryck Su as its chief investment officer for the region.
1 min read · 28 August 2013
The Atlanta-based firm is seeking $250 million to invest in multifamily in the US, with a focus on properties in the Southeast and Texas.
2 min read · 28 August 2013
The Hong Kong-based firm is on course to reach its capital raising target of $1 billion for its Gateway Real Estate IV fund, with a final closing expected towards the end of the summer.
2 min read · 28 August 2013
