The Memphis-based REIT, a portfolio company of Goldman Sachs’ Whitehall fund, has acquired an eight-hotel portfolio from InterMountain Management for more than $90m.
1 min read · 22 January 2013
Private equity firm MidOcean Partners has sold its Palace Entertainment portfolio to European amusement park operator Parques Reunidos, a Candor portfolio company, for $330 million.
2 min read · 22 January 2013
Hedge funds that have been seeking quick wins in real estate are getting burned by the credit crunch.
3 min read · 01 February 2013
The Czech firm has acquired a retail shopping center in the Zhongguancun Zone, Beijing’s ‘silicon valley,’ for $160m.
2 min read · 22 January 2013
Private equity firm MidOcean Partners has sold its Palace Entertainment portfolio to European amusement park operator Parques Reunidos.
2 min read · 22 January 2013
Aureos has invested $5 million in a semiconductor business in the Philippines, one of the least frequented private equity destinations in Southeast Asia.
1 min read · 22 January 2013
The former pension fund manager will join Schroeder Property as head of European Property Multi-Manager.
1 min read · 22 January 2013
The government-owned firm says it will invest in Kirk Kerkorian’s MGM Mirage, the world’s second-largest casino company, helping it to branch into hotels and condominiums.
2 min read · 22 January 2013
Los Angeles-based CBRE Investors has promoted veteran Lee Menifee to director of global strategy. The firm is also looking to add new associates to its research team.
1 min read · 22 January 2013
Blogging about celebrities is the latest craze. Blogging about celebrity real estate, however, is another story altogether.
2 min read · 22 January 2013
