The firm, launched in 2002 by Chris Gradel and Horst Geicke (pictured), is adding a Greater China real estate vehicle to its group of funds.
2 min read · 22 January 2013
The Philadelphia-based private equity firm has acquired Watergrove Townhomes in the largest single multifamily transaction in the Memphis market.
1 min read · 22 January 2013
The Princeton University endowment returned 24.7 percent for the fiscal year 2006-2007, increasing its assets from $13 billion to $15.8 billion. The US endowment allocates 15 percent of its portfolio to private equity funds.
1 min read · 22 January 2013
The US investment firm that took over troubled Austrian bank Bawag-PSK in May is now selling a property package that belonged to its new acquisition.
1 min read · 22 January 2013
Chuck Grassley and Max Baucus, the Senate Finance Committee members considering carried interest taxation and tax on publicly traded financial partnerships, are investigating patient care at private equity-owned nursing homes.
3 min read · 22 January 2013
The real estate platform of Principal Global Investors has partnered with Miller to develop a hotel and spa outside San Antonio, Texas.
1 min read · 22 January 2013
The investment bank is gearing to close its first pan-European property fund, looking to raise 1bn.
1 min read · 22 January 2013
The firm says it is planning a larger push into the fragmented and undersupplied UK limited service hotel market.
1 min read · 22 January 2013
In Asia, indigenous institutions are scaling up their regional property activities. Foreign private equity real estate investors could benefit.
3 min read · 22 January 2013
The Chinese Communist Party cracks down on party members creative uses of property.
2 min read · 22 January 2013