Most people admit returns are going to be coming down given the rise in cost of debt and the end to cap rate compression – ok, fine. But what have you been telling your LPs? It might be time to get those business books out. By Robin Mariott
5 min read · 22 January 2013
A joint venture between Tishman Speyer and Lehman Brothers has acquired the Archstone-Smith REIT in one of the largest takeprivates since Blackstone's Equity Office triumph earlier this year.
2 min read · 22 January 2013
The 2007 Ernst & Young Real Estate Private Equity Market Outlook painted a rosy picture of private equity real estate fundraising, but GPs who attended a breakfast meeting unveiling the results of the survey had mixed reviews on the investment climate.
2 min read · 22 January 2013
The investment bank will take a five percent stake in Japan’s third-biggest beer maker as the two partner to expand their real estate holdings in the country.
2 min read · 22 January 2013
The firm has acquired two acres of land on the historic Brooklands motor racing circuit in Surrey, planning a 120 bedroom hotel next to the new Mercedes-Benz World entertainment complex.
2 min read · 22 January 2013
The New York – based global developer and real estate investment fund manager is buying a downtown building in Munich.
1 min read · 22 January 2013
A week after completing their $20bn buyout of Hilton, Blackstone has hired Chritopher Nassetta as the comany’s new president and CEO.
2 min read · 22 January 2013
The Blackstone Group has recently opened an office in Tokyo, headed by Alan Miyasaki, who has moved over from New York to spearhead the group’s real estate investment activity.
2 min read · 22 January 2013
With an eye toward the country’s rapidly expanding real estate market, CBRE has added three property pros to its lineup in greater China.
2 min read · 22 January 2013
An Israeli-led consortium revealed today it has terminated an agreement to buy a package of Swiss properties in a clear example of how large property deals are failing to get done in the wake of the recent credit crunch and fears that commercial property values are falling.
1 min read · 22 January 2013