As world markets tumble, one firm in Saudi Arabia believes now is the right time to break ground on the world’s first 1km tower.
2 min read · 30 January 2013
Fortress principals Wesley Edens, Peter Briger, Robert Kauffman, Randal Nardone and Michael Novogratz have entered into new five-year contracts with the New York alternative investment house, effective January 1, 2012. Their extended employments were announced as Fortress reported ‘off expectations’ second quarter results.
2 min read · 18 January 2013
The Los Angeles-based firm says it has struck its fourth nonperforming loan deal in Germany but, more importantly, it is the first time syndicated loans have been sold together as a package by a banking consortium as an NPL transaction in Germany, possibly in Europe.
2 min read · 18 January 2013
The New York and Toronto-based alternative assets investment management firm has hired ex-UBS Investment Bank executive Andrew Williams to be responsible for its relationships with investors down under.
1 min read · 18 January 2013
A private equity real estate fund managed by Rothschild Realty is investing up to $200 million in the San Diego-based company to acquire debt and equity in industrial and office properties on the West Coast.
2 min read · 18 January 2013
The Sydney-based REIT has sold its portfolio of 14 US office properties to Beacon Capital Partners as part of its plan to focus its efforts on Australian properties.
2 min read · 18 January 2013
The investment arm of the $153.8 billion Canada Pension Plan enters into multiple joint ventures to acquire stakes in five multifamily properties across the US and three office buildings in Washington and New York.
3 min read · 18 January 2013
The European private equity real estate firm has struck up a partnership with Ediston Properties to amass more than £250m of commercial real estate in the UK.
2 min read · 18 January 2013
The Chicago-based firm co-founded by Sam Zell and Gary Garrabrant concludes its investment in São Paulo-based homebuilder Gafisa, leaving the firm the only Brazilian company listed on the New York Stock Exchange.
2 min read · 18 January 2013
The New York public pension fund and the Houston-based real estate firm have formed a new joint venture to invest in office and medical office properties in the US over the next three years.
2 min read · 18 January 2013
