The Kuwait-based firm has acquired a quarry and site for a cement plant in Tunisia on a Greenfield plot over 220 hectares.
2 min read · 22 January 2013
Corestate Capital, which was founded by former Cerberus real estate head in Germany, Ralph Winter, is gaining exposure to student accommodation in the country by taking over Frankfurt-listed Alta Fides.
2 min read · 22 January 2013
The US firm is teaming up with a subsidiary of Italian bank UniCredit in the hope of offering a range of real estate fund products in the country and amassing €5 billion of assets under management.
1 min read · 22 January 2013
The deal was made through the Miami, Florida-based private real estate investment firm’s third real estate fund, Parmenter Realty Fund III.
1 min read · 22 January 2013
Grubb & Ellis Realty Investors, the real estate investment and asset management arm of Grubb & Ellis Company, has appointed former founding principal of Meridian Value Partners John Caley as senior managing director at the firm.
1 min read · 22 January 2013
The Indian private equity firm has acquired a 49 percent stake in a project in Kolkata and is set to invest in further projects in the National Capital Region, Mumbai and Bangalore.
1 min read · 22 January 2013
Netherlands-based ING Real Estate has unveiled details of its open ended global fund of funds, Global Osiris, with ambitions to attract as much as €1 billion in capital within 18 months.
2 min read · 22 January 2013
Private equity firm MML Capital Partners and an affiliate of New York Life Insurance Company have made a $75m mezzanine investment in Yonkers Raceway, home to a 140,000-square-foot gaming facility.
1 min read · 22 January 2013
US private equity firm Sun Capital is keeping afloat on its investment in the bankrupt retailer, thanks largely to sale-leasebacks of several of the chain’s department outlets. Sun Capital and Cerberus, which sold its stake last year, bought Mervyn's for $1.2bn in 2004.
2 min read · 22 January 2013
Emerging markets private equity fundraising is on track to significantly beat 2007 totals. China and India are driving the boom in Asia, which EMPEA's Sarah Alexander says marks the acceptance of the asset class.
2 min read · 22 January 2013
