The Spanish developer and fund manager has acquired the second phase of the Castel Guelfo factory outlet centre near Bologna in Italy.
1 min read · 21 January 2013
UBS has reportedly written off more than A$500m of Stella Group’s debt in return for a 40% stake in the travel and hospitality company.The group's hospitiality arm operates a portfolio of more than 140 resorts, hotels and apartments.
2 min read · 21 January 2013
The subsidiary of New York-based real estate investor Vantage Properties has bought a 776-unit garden apartment block in New Jersey. It is Vantage Mid-Atlantic’s first deal and first JV with Angelo Gordon.
1 min read · 21 January 2013
The Chicago-based private equity real estate firm is reportedly considering launching a financing company in Brazil to provide capital to real estate developers and investors.
2 min read · 21 January 2013
The California Public Employees’ Retirement System and a JV partner have purchased a majority stake in a portfolio of shopping centers it sold four years ago. The deal indicates CalPERS propensity for core income yielding property.
2 min read · 21 January 2013
New York based-Westbrook Partners is seeking to sell Shell-Mex House, a large office building in London, two years after paying £494 million ($831 million; €582 million) for the property.
1 min read · 21 January 2013
London-based Hansteen Holdings has raised £90m in equity for a UK-focused industrial fund. Morgan Jones, the firm’s chief executive officer, said the vehicle was targeting “high income generation” assets and would aim to provide its investors with a return of between 12-15 percent.
2 min read · 21 January 2013
Shaun Mays replaces Mark Woodall at the helm of low carbon-focused private equity firm Climate Change Capital just as it begins raising a €500m vehicle. Prior to joining CCC in October 2008, he was the head of Deutsche Asset Management’s RREEF Infrastructure Investments.
1 min read · 21 January 2013
Investec Property Investments has teamed with London wealth manager Credo to acquire a central London block. Investec's investment is being made via its GLL Special Opportunities Fund.
1 min read · 21 January 2013
US legislators want regulators to determine if certain structures encourage undue risk taking at finanical firms with more than $1bn in assets.
3 min read · 21 January 2013
