Netherlands-based ING Real Estate has unveiled details of its open ended global fund of funds, Global Osiris, with ambitions to attract as much as €1 billion in capital within 18 months.
2 min read · 22 January 2013
Total take up of office space in Europe fell 5.7 percent in the first half of the year compared to the same period in 2007, according to property services firm Jones Lang LaSalle.
2 min read · 22 January 2013
Private equity firm MML Capital Partners and an affiliate of New York Life Insurance Company have made a $75m mezzanine investment in Yonkers Raceway, home to a 140,000-square-foot gaming facility.
1 min read · 22 January 2013
US private equity firm Sun Capital is keeping afloat on its investment in the bankrupt retailer, thanks largely to sale-leasebacks of several of the chain’s department outlets. Sun Capital and Cerberus, which sold its stake last year, bought Mervyn's for $1.2bn in 2004.
2 min read · 22 January 2013
Emerging markets private equity fundraising is on track to significantly beat 2007 totals. China and India are driving the boom in Asia, which EMPEA's Sarah Alexander says marks the acceptance of the asset class.
2 min read · 22 January 2013
Fresh off the close of its $7.5bn sixth buyout fund, the distressed-focused private equity firm will buy the CDOs from Merrill Lynch for $6.7bn. The investment bank will finance 75 percent of the purchase price.
2 min read · 22 January 2013
After the Investment Corporation of Dubai dropped out of the bidding for Land Securities’ $2.8bn outsourcing arm Trillium, the Qatar Investment Authority has reportedly emerged as a prospective bidder.
1 min read · 22 January 2013
The Mumbai-based firm, a partnership between Apollo Real Estate Advisors and the SUN Group, will acquire a stake of around 40 percent in a special purpose vehicle for $70m.
1 min read · 22 January 2013
The Toronto-based private equity real estate firm KingSett Capital is taking advantage of the net inflows into German open-ended funds by selling an office building in Canada to DEGI International.
2 min read · 22 January 2013
ABP, one of the largest pension funds in the world, has teamed up with a subsidiary of French bank BNP Paribas to acquire Norwegian shopping center group Steen & Strøm.
2 min read · 22 January 2013
