Just a few weeks ago, there was more talk of distressed sellers than actual motivated sellers. Now talk is about to turn into action.
2 min read · 22 January 2013
The private equity firm beat its combined target of $6.5bn for the two funds. It is the first time Lone Star has raised separate, side-by-side funds for each investment strategy.
2 min read · 22 January 2013
The Greenwich, Connecticut-based private equity real estate firm is building on the success of the W Hotels and St Regis brands by expanding the new Baccarat Hotel label to the Caribbean, Middle East, Europe and Far East. The hotels will all feature Baccarat crystal chandeliers.
1 min read · 22 January 2013
The Chicago-based private equity real estate firm led by former Heitman partner Christopher Merrill and the grandsons of the Motorola founding fathers, Christopher and Michael Galvin, will expand its “recession-resistant” investments in the US education, healthcare and boat storage real estate sectors.
2 min read · 22 January 2013
Having closed MGPA Europe Fund III in June on $1.3bn, the private equity real estate firm has acquired assets in Greece, Poland and now Italy.
1 min read · 22 January 2013
The Denver-based company, the world’s largest owner, developer and manager of distribution facilities, has made a number of appointments recently. The latest is that of Philip Dunne, who becomes chief operating officer in Europe and the Middle East.
1 min read · 22 January 2013
The real estate arm of German bank, Commerzbank, has returned to the London property market for the first time in three years after previously buying the headquarters of insurance institution, Lloyd’s of London.
2 min read · 22 January 2013
The US private equity firm sees an opportunity in Japan amid moves by major banks to cut their exposure to property, according to a report.
1 min read · 22 January 2013
The Hong Kong-based firm is midway through a fundraise for a strategy based on the growing wealth of the Pacific Rim.
2 min read · 22 January 2013
Donald Trump’s son is reportedly targeting India’s growing middle class with ‘high-end, luxury’ developments. Trump Jr said Mumbai would be his first point of entry into the country. The fund, he said, would start off small but grow as the Trump Organization grew more familiar with India.
2 min read · 22 January 2013
