Using capital from its second Africa-focused private equity real estate fund, the London-based emerging markets private equity firm has acquired a 60 percent stake in Nairobi-based development management firm Mentor.
2 min read · 18 January 2013
Denmark’s ATP Real Estate has selected two funds as part of its programme to invest €700m in unlisted real estate, joint ventures and club deals, including a first commitment to a Morgan Stanley real estate fund.
2 min read · 18 January 2013
Blackstone, Starwood duo receive backing from one of the world’s richest men to launch Crosstree Real Estate Partners in a bid to invest in up to £1bn of property in the UK and possibly further afield into Europe.
1 min read · 18 January 2013
An affiliate of Starwood Capital has agreed to acquire an 18-property hotel portfolio from the Philadelphia-based hospitality REIT for $155 million.
2 min read · 18 January 2013
The firm has exited Thailand's Central Pattana after eight years and generated $170m in the process.
2 min read · 18 January 2013
The New York firm has taken just four months to raise more than a third of its $10 billion target for the incoming real estate opportunity fund. Separately, it also is in talks with Bank of America Merrill Lynch to buy the remaining real estate from its global real estate principal investments platform.
2 min read · 18 January 2013
Certain Central and Eastern European markets – Russia in particular – have seen an increase in levels of activity, while competition for prime assets in Western Europe remains ‘intense’, according to a report by CB Richard Ellis.
2 min read · 18 January 2013
The European arm of the real estate investment management and advisory business of Prudential Financial adds to its stable of European joint venture partners a residential specialist in Berlin. The partnership has already committed approximately €24m to the purchase of 13 residential blocks.
2 min read · 18 January 2013
Europa clocks up a deal for its Europa Emerging Europe fund and Europa Capital III investing about €100 million in the Mall of Sofia.
2 min read · 18 January 2013
The private equity real estate arm of the Los Angeles-based firm has formed a joint venture with the Birmingham, Alabama-based student housing developer to build three student housing properties in New Hampshire, Texas and Georgia.
2 min read · 18 January 2013
