The sale of German payment processing business Easycash will net 3x the firm’s invested capital.
1 min read · 21 January 2013
The industry is preparing itself for the opportunity of a lifetime. But will the opportunity be as big as everyone believes? By Zoe Hughes
2 min read · 21 January 2013
Mikhail Prokhorov is not only buying control of the New Jersey Nets basketball team , but he will also take a stake in a development project related to the Nets’ future home.
1 min read · 21 January 2013
Songbird Estates, the London office company in which Morgan Stanley Real Estate has a stake, has announced a major fundraising to help pay back a loan.
1 min read · 21 January 2013
The firm’s founder, Tom Barrack, has reportedly signalled his intention to take the firm public, using its REIT debut vehicle, Colony Financial, as a stepping stone.
1 min read · 21 January 2013
The Ho Chi Minh City-based private equity and real estate firm has hired a former Zurich Financial and UBS investment professional to help launch two follow-up vehicles.
1 min read · 21 January 2013
Stephen Coyle, chief investment officer for Cohen & Steers' real estate funds of funds business, says many private funds will become 'zombies' as they attempt to hang onto over-levered assets with declining values.
2 min read · 21 January 2013
The US financial services giant has received government approval for its lending unit, Prudential Mortgage Capital, to start lending on Japanese real estate.
2 min read · 21 January 2013
The Colony Capital-backed hotel owner, the largest in Europe, has sold a portfolio of budget hotelF1s in a €272m sale-leaseback deal.
2 min read · 21 January 2013
Former Lehman Brothers, UBS and ING REIM man Wilson Lee sets up his own platform targeting real estate debt and direct investments in Western Europe. First Growth Real Estate Capital will operate from London and Paris.
2 min read · 21 January 2013