The two firms are looking to carve out the gaming operations of Italian-listed leisure group Snai at the same time that Blackstone is reportedly vying to take control of Gala Coral.
2 min read · 21 January 2013
Saigon Asset Management is partnering with RNG Invest to launch a fund for real estate, pre-IPO investments and investments in public equities.
2 min read · 21 January 2013
The $400m sale of commercial mortgage bonds by US mall owner Developers Diversified Realty was secured by 28 assets. The REIT says it will continue to access ‘long-term capital to retire short-term debt’.
2 min read · 21 January 2013
Standard Life, which manages more than £8 billion of real estate in Europe, says it will structure the vehicle as a 5-year closed ended fund.
1 min read · 21 January 2013
Devin Murphy has re-emerged at Morgan Stanley’s real estate investment banking division after 20 months with Coventry Real Estate Advisors. The bank says it is “bullish” about real estate investment banking opportunities.
1 min read · 21 January 2013
In its Outlook 2010 briefing, UK-listed asset manager Aberdeen Asset Management, says given the rise of equities this year and general continued economic uncertainly, a ‘degree of diversification’ into real estate markets seems to be an attractive proposition.
2 min read · 21 January 2013
Fresh off raising $208m from the IPO of its mortgage REIT, Apollo Global says it could raise a series of private equity real estate funds. The firm’s sixth buyout fund has taken a hit following investments in Harrah’s and Realogy.
2 min read · 21 January 2013
The MENASA-focused firm will use the new capital to seed new funds and possibly make strategic acquisitions.
1 min read · 21 January 2013
In 2009, Americans have received warning after warning that their governments face alternatively a ‘decade of debt’ or a ‘lost decade’ due to massive, painful and protracted budget deficits that are here to stay. Opportunities are abound for infrastructure investors – but so are the pitfalls.
5 min read · 21 January 2013
Royalton Capital Investors II, a fund managed by a firm targeting investments in Central and Eastern Europe, has bought 93 percent of the shares in Cool Ar.
1 min read · 21 January 2013
