The Italian island of Sicily is following other public owners of property in the country by selling €263m of real estate property into a private fund, partly owned by RREEF and Pirelli Real Estate.
2 min read · 22 January 2013
General partners are scrambling for more information amid vague indications that members of Congress might consider drafting legislation that would drastically raise the tax on GP profits. One legal source called these fears
3 min read · 22 January 2013
UK-listed private equity company has missed the top of its range by £600m but gearing still means it has £1bn to spend on infrastructure.
1 min read · 22 January 2013
The Church of Scientology, which counts actors Tom Cruise and John Travolta among its adherents, owns more than 1 million square feet of property in LA. Recently, it won an award for its adaptive reuse projects.
2 min read · 22 January 2013
The London-based firm has sold its €277m stake in Vectrane, the property company it brought to the French market a little over one year ago.
2 min read · 22 January 2013
RREEF’s infrastructure division has reportedly reached the final stage in the auction of UK recycling and waste management firm Cory Environmental.
2 min read · 22 January 2013
The private equity real estate firm has joined forces with French billionaire Bernard Arnault to purchase approximately 10 percent of the French supermarket chain.
2 min read · 22 January 2013
The property developer has raised the largest ever pan-European private equity real estate fund sponsored by a Spanish firm.
2 min read · 22 January 2013
San Mateo, California-based private equity real estate firm Stockbridge Funds is working with Los Angeles-based SBE Entertainment to acquire and renovate the Sahara Hotel and Casino on the Las Vegas Strip.
2 min read · 22 January 2013
The London start-up strikes its second big deal since launching last year via a deal with French hotel giant Accor.
1 min read · 22 January 2013
