Private equity firms Colony Capital and Eurazeo plan to increase their stake in the hotel group Accor, which owns the Pullman and Ibis hotel chains, to 30 percent. Both firms pledge not to take control of the company.
2 min read · 22 January 2013
Boston-based Beacon Capital Partners to expand focus on offices in key knowledge-based cities with its sixth value-add fund, Beacon Capital Strategic Partners VI.
1 min read · 22 January 2013
The US real estate investment firm – expected to close on its $500m retail fund later this year – has picked up the Deerfield Plaza complex in Omaha, Nebraska.
1 min read · 22 January 2013
A joint venture between the private real estate investor and Davidson Hotel Company have just snapped up the 259-unit Sheraton Suites Tampa Airport/Westshore in Florida’s upscale Westshore submarket.
1 min read · 22 January 2013
Few people would ever profess to be able to call the bottom of the market. However it appears a consensus is emerging among private equity real estate professionals over when the best opportunities are to be had: in the second half of 2008.
2 min read · 31 January 2013
Former Los Angeles City Employees Retirement System general manager Robert Aguallo has moved to the private sector joining infrastructure investors Cardinal Americas.
2 min read · 22 January 2013
Los Angeles-based CB Richard Ellis Investors has invested out of its Strategic Partners Asia II vehicle to acquire a joint venture interest in the Guangdong Development Bank Tower in Shanghai.
1 min read · 22 January 2013
The Australian-owned property fund manager already has initial commitments of €100 million for its second European fund of funds vehicle.
2 min read · 22 January 2013
The real estate investment arm of Prudential Financial and JV partner Madison Capital are looking to acquire properties ranging from $5 million to $100 million.
1 min read · 22 January 2013
The deal includes an interest in the adjacent 2.8-acre Waterfall Park and a nearby 2.3-acre undeveloped land parcel.
1 min read · 22 January 2013