The number of property transactions fell by 46 percent in the first quarter of 2008 compared to the same time last year, with deals in the Americas down by two-thirds. Asia was the only part of the world to see an increase.
3 min read · 22 January 2013
Following his failure to secure a deal to acquire UK grocer Sainsbury's, real estate mogul Paul Taylor has been dismissed by the Qatar Investment Authority.
1 min read · 22 January 2013
London-based Benson Elliot has expanded its capacity to buy into distressed residential opportunities in Spain via a 70 percent stake in Promobuilding.
1 min read · 22 January 2013
Prudential’s real estate investment arm, Prudential Real Estate Investors, will invest up to $800m in a joint venture with local developer Grupo Concord. Around 1,800 condos are expected to be built.
2 min read · 22 January 2013
Asda, the British supermarket chain owned by Wal-Mart, is set to sell industrial property developer Gazeley for more than £300m in a bid to focus on its core business.
1 min read · 22 January 2013
The UK firm will lead a consortium in investing in a mixed-use project in Nagpur, central India.
2 min read · 22 January 2013
Capitalworks Investment Partners is looking to take advantage of the commodities boom with a new fund targeting Sub-Saharan Africa.
1 min read · 22 January 2013
Following its real estate and private equity target increases early this year, the $38 billion Maryland State Retirement and Pension System has made commitments to three funds.
1 min read · 22 January 2013
CITIC Capital Partners is backing Fushun Excavator, formerly a state-owned enterprise, with its second investment in two months from its China-focussed fund.
1 min read · 22 January 2013
The US public service union, the Service Employees International Union, has launched an international initiative to change tax laws it asserts unfairly benefit private equity firms.
2 min read · 22 January 2013
