The New York firm put equity of around $6.5 billion into its takeover of Hilton six years ago and its stake could be valued at $15 billion based on the floatation price of the company’s shares.
2 min read · 16 December 2013
Around 60 percent of institutions are actively investing in real estate private funds compared to 48 percent in 2012, according to research out this week by Cornell University’s real estate programme and New York-based advisor, Hodes Weill & Associates.
3 min read · 12 December 2013
The Zurich-based investment manager has made its first foray into the Aussie real estate market with the tie-up of a joint venture with a domestic developer, to be led by John Fraser and Daniel Grollo.
2 min read · 12 December 2013
MetLife Real Estate Investors expects to hold an initial close by the end of this month for its premiere vehicle, the open-ended Core Property Fund.
2 min read · 10 December 2013
The private equity real estate business founded by Rachel Renucci-Tan has been mandated by Shui On Land for a second time to manage its joint venture in the turbulent Trophy Property Development fund.
3 min read · 11 December 2013
Stalwart of Pramerica Real Estate Investors, Philip Barrett, has been elevated to a global chief investment risk officer role after having been in charge of investments in Europe and Asia.
2 min read · 11 December 2013
The New York-based firm has made its third real estate outlay in China this year, intending to develop a residential-led mixed-used property in Ningbo.
2 min read · 11 December 2013
St Martins, a property investment and asset management arm of the State of Kuwait, is said to have acquired London Bridge Holdings’ More London office complex in a jumbo, single-asset deal.
2 min read · 10 December 2013
The Shanghai-based private equity real estate firm has attracted enough institutional investors to hold a first close months after launching its debut US dollar-denominated real estate fund.
2 min read · 09 December 2013
The new vehicle is the Boston-based private equity real estate firm’s first non-opportunistic US fund.
2 min read · 06 December 2013
