The Boston-based real estate investment firm has sold a 221,000-square-foot industrial property in Southern California to manufacturer Myers Power Products for $14.6m.
1 min read · 21 January 2013
The firm has thrown out the classic 2-and-20, charging LPs 15% carry and up to 1.5% for management fees
2 min read · 21 January 2013
The PIPE will give the buyout firm 11.5 million of the bank’s common shares at $10 per share, a 4% premium over Friday’s closing price.
2 min read · 21 January 2013
The Washington DC-based private equity firm has acquired controlling stakes in property developer Shoresal and infrastructure construction group Almes for a total cost of $26.2m. The investments were made through ECP's MENA Growth Fund and its Moroccan Infrastructure Fund.
1 min read · 21 January 2013
The Spanish real estate firm says it plans to invest €60 million in a project to build a factory outlet centre in southern Portugal.
1 min read · 21 January 2013
Paris-based insurer Axa says its real estate investment management business has struck an agreement with Chinese insurer, Ping An, to co-invest in residential projects in the country. A China real estate fund is also on the way.
2 min read · 21 January 2013
A high-profile, long-term leasing proposal has met a challenge from two major private investment groups, whose proposals will now be considered alongside the bid submitted by CalPERS-backed real estate firm CenterPoint in March. At stake is what could become the first long-term lease of an entire US port.
2 min read · 21 January 2013
The Philadelphia private equity real estate firm is reporting eyeing the Chicago lender Corus Bankshares, along with Colony Capital, JC Flowers and developer Related Co.
1 min read · 21 January 2013
Real estate funds raised $29.7 billion in 2008, almost twice the capital raised in 2007.
3 min read · 21 January 2013
AiM-listed Speymill Macau Property Company this week replaced five board members following an EGM called by one of its major shareholders. Shares in the firm rose by 6.5% on the news.
1 min read · 21 January 2013
