MGPA, the European and Asia-focused private equity real estate firm, is reportedly discussions with quoted UK property company British Land about buying a stake in the Broadgate complex by Liverpool Street station in London's financial district.
1 min read · 21 January 2013
The German government today launched its long-awaited takeover approach for Munich-based property lender Hypo Real Estate. Private equity firm JC Flowers and private equity real estate firm Grove International have said they want to retain their minority shareholding.
1 min read · 21 January 2013
The New York-based pension fund is opening its first Asian office in Hong Kong and has hired Eric Mason, who was formerly at The Carlyle Group.
2 min read · 21 January 2013
The city granted a Citi-led consortium two more weeks to agree on an extension of up to six months to reach financial close on the $2.5bn lease of the airport.
1 min read · 21 January 2013
Vacancy rates for rental apartments in the US increased 1.2% over the past year to 7.2% – levels not seen since 2004. Rising inventory levels are pushing rents down to levels not seen in the past decade.
2 min read · 21 January 2013
Though South Africa is on the brink of recession and mergers and acquisition volumes have tumbled, a report by information provider Mergermarker says there have been a string of real estate deals in the first quarter of the year.
1 min read · 21 January 2013
The real estate investment and development firm can appeal a US court ruling that would force it to repay millions of dollars in rent overcharges. The ruling had brought into question the strategy of converting rent stabilised apartments in New York to market rates.
3 min read · 21 January 2013
Want to drive deal flow? Talk to a reporter, writes Bill Haynes.
4 min read · 21 January 2013
The US investment fund has reportedly outbid Goldman Sachs and Oaktree Capital Management for the chance to rescue Japanese real estate investment trust, New City Residence Investment Corp.
1 min read · 21 January 2013
UK listed fund management group, Invista Real Estate Investment Management, has completed a fund platform acquisition in Asia as part of its strategy to expand in the region.
2 min read · 21 January 2013
