The European firm says German and Austrian LPs have committed to its development fund targeting Austria and neighbouring countries
2 min read · 24 January 2013
After almost two years sitting on the sidelines, the New York-based real estate firm is ramping up activity, primarily targeting debt-related deals. It comes as the firm reportedly asks creditors to restructure almost $5bn of debt remaining on its Equity Office Property deal.
3 min read · 24 January 2013
The Chinese firm, together with Temasek and the sovereign wealth fund's newly-formed investment arm Seatown Holdings, has reportedly bought a 4.3% stake in the Chinese meatpacker.
2 min read · 24 January 2013
In a letter to its LP base, Apollo characterised an agreement to reduce CalPERS’ fees by $125 million over five years as an “enhancement” of its relationship with the pension, and said that it plans to accommodate a trend toward separate accounts.
2 min read · 24 January 2013
Colony Capital and Fertitta Gaming have teamed up with some Station Casino lenders to put forward a reorganisation plan for the bankrupt casino operator. Colony and Fertitta led a $5.4bn buyout of Station Casinos in 2007.
2 min read · 24 January 2013
The real estate investment and fund management firm, owned by the Duke of Westminster, is expected to begin fundraising for a $500 million Japanese core plus/value-added real estate fund by the middle of the summer.
2 min read · 24 January 2013
The $132bn California State Teachers' Retirement System named Diloshini Seneviratne, a senior investment officer on its private equity team, as its first portfolio manager for infrastructure.
3 min read · 24 January 2013
The Carlyle Group, together with partners Crown Acquisitions and the Kushner Company, have leased 90,000 sq. ft of space at 666 Fifth Avenue for more than $300m.
2 min read · 24 January 2013
In a sign that debt markets are easing, the Los Angeles-based real estate investment firm has secured a $44m first mortgage on a $71m office from debt-investor Mesa West. However, in a break from the norm, the five-year floating rate loan can be paid off after just two years.
2 min read · 24 January 2013
The real estate arm of Qatar’s sovereign wealth fund has bought 5% of French utility company Veolia Environnement. The acquisition is the fund’s second foray into the French infrastructure market after it acquired 5.78% of VINCI.
1 min read · 24 January 2013
