The private equity firm is committing $100m to a joint venture with Williamsburg, Virginia-based hotel REIT MHI.
2 min read · 22 January 2013
Intermediate Capital has closed its fourth mezzanine fund with €2.25 billion of firepower – the biggest ever raised in Europe. The fund will invest in mezzanine and senior debt, and could also be used for equity co-investments.
2 min read · 22 January 2013
After surving World War II and a number of raves, a former electrical plant in Berlin has been turned into offices.
3 min read · 22 January 2013
Kohlberg Kravis Roberts has struck a knockout blow in the battle for UK health and beauty chain Alliance Boots this morning, after sweetening its bid to £11bn and increasing the stake it controls to about 25 percent.
2 min read · 22 January 2013
Whitehall Street Real Estate Funds, the property investment arm of investment bank Goldman Sachs, is acquiring a four-casino portfolio from Carl Icahn’s American Real Estate Partners for $1.3bn.
2 min read · 22 January 2013
JER Partners is acquiring upscale lodging REIT Highland Hospitality in a $2bn deal.
1 min read · 22 January 2013
The Wall Street bank’s real estate arm is reportedly buying 10 European hotels as it ramps up exposure to the global hospitality sector.
2 min read · 22 January 2013
The listed Paris-based private equity group has wrapped up €500m in commitments for its first vehicle for third-party investors.
1 min read · 22 January 2013
Private equity real estate firm JER Partners and Formation Capital are increasing their bid for the long-term health care company to $1.7bn.
2 min read · 22 January 2013
Charlie McCreevy, the European Union’s internal market commissioner, has reiterated his support for the private equity industry, while conceding that the industry has a lot of work to do to convince sceptics that it is a force for good.
2 min read · 22 January 2013