Blue Capital, the company jointly owned by Colony Capital and Groupe Arnault, has again increased its stake in French supermarket retailer Carrefour. Blue Capital now holds 12.9 percent of Carrefour. In May, Colony also increased its stake in Europe’s largest hotel owner, Accor.
2 min read · 22 January 2013
Leon Black’s Apollo Global Management looks to enter the real estate space.
2 min read · 22 January 2013
Matthew Ryall is joining the German insurer to head up its multi-fund strategy. The appointment comes one week after Allianz unveiled Olivier Piani as its head of real estate.
1 min read · 22 January 2013
Marianna Nitsch, general counsel for GE’s French business, has been promoted to general counsel for Europe following the appointment of Thierry Leleu to European managing director of the firm’s new investment management division.
1 min read · 22 January 2013
The San Francisco-based private equity real estate firm has acquired the Oyster Point Business Park and Oyster Cove Marina in San Francisco.
1 min read · 22 January 2013
The Indian developer has secured $300m in capital commitments from global investors for its Unitech International Real Estate Fund and is expecting to raise another $300m before the close of the year.
1 min read · 22 January 2013
Global Investment House has raised $500 million for its London Stock Exchange-listed fund focussed on financial sector assets in Middle East and North Africa.
1 min read · 22 January 2013
The US’ largest union of long-term care workers, the Service Employees International Union, launched its ‘global day of action’ today targeting KKR, its portfolio company Toys R Us and pension funds and politicians in support of the buyout industry. Unite, the largest union in Britain, also joined the cause.
2 min read · 22 January 2013
The pension fund has made commitments to five private equity and real estate funds, including $15m to the Arden Group’s $125m distressed real estate fund targeting the US and the Caribbean.
2 min read · 22 January 2013
Alpha Investment Partners, a private equity unit of the Singapore-based developer, will invest in real estate across Singapore, Japan, Taiwan, South Korea and Hong Kong.
1 min read · 22 January 2013