The firm’s real estate investment trust is making the acquisition. It is the second retail property acquisition in the UK for CBRE Realty Trust.
1 min read · 22 January 2013
The Chicago-based private equity real estate firm has joined forces with former EOP executive Mark Scully to help expand the firm’s retail/mixed-used platform in Colorado.
1 min read · 22 January 2013
The California pension has committed $400 million to Starwood’s $3bn Global Hospitality Fund II, which is targeting 20% IRRs. This summer, Sternlicht said he was rapidly expanding his latest hotel brand: the Baccarat, based on the famous crystals.
2 min read · 22 January 2013
The Los Angeles ‘full service’ real estate firm will leverage its close relationships with banks to target property buying opportunities. The fund will focus on the US West Coast, Hawaii and Japan. Kennedy Wilson's last fund raised just $150m.
2 min read · 22 January 2013
The oldest buyout firm in France will go to market in January to raise the successor to its €150m small-cap fund raised in 2006. Meanwhile, its latest mid-market fund, reportedly targeting €1.2bn, will close before the end of the year.
1 min read · 22 January 2013
The Indian company has reportedly bought a 30 percent stake on JB Pharma’s special economic zone, a future hub for pharmaceutical manufacturing, for $15m. The deal was made through the $525m ILFS India Realty Fund I.
2 min read · 22 January 2013
Ashok Ramaswami will lead a newly hired team as the Dubai-based private equity firm deploys its first India-focused fund of funds, which makes private equity, real estate and infrastructure investments.
1 min read · 22 January 2013
The Blackstone Group and Hong Kong-based VXL Capital have adjusted the size of a mainland development that Blackstone is acquiring and have altered the price and size of the stake being purchased.
1 min read · 22 January 2013
The size of the infrastructure opportunity is almost unfathomable. It is screaming out for private investors.
2 min read · 22 January 2013
Blackstone infrastructure co-head Trent Vichie and Chris Leslie, CEO of Macquarie Infrastructure Partners, say only a fraction of what's needed for infrastructure investment worlwide has been raised by private funds. Meanwhile CVC’s infrastructure chief, Stephen Vineburg, also speaking at PEI’s Infrastructure Forum in New York, said infrastructure investing has reached a third stage in development.
2 min read · 22 January 2013
