New York private equity real estate firm Phoenix Realty Group has raised $176m for two funds focused on urban property in New York and Los Angeles.
2 min read · 22 January 2013
US real estate trust Vornado has reportedly joined the consortium mulling a counter-bid for Equity Office.
2 min read · 22 January 2013
TPG Newbridge was the only private equity firm in the race to operate Philippines’ power grid, until The Carlyle Group reportedly joined a competing consortium.
2 min read · 22 January 2013
As Los Angeles-based Colony Capital launches a bid to acquire casino operator Station Casinos, the gambling play is becoming a more attractive bet to private equity real estate firms. By Aaron Lovell.
2 min read · 22 January 2013
TV personality Merv Griffin, producer of game show hits like Jeopardy and Wheel of Fortune, has always been a big real estate investors—now, he’s looking to get bigger.
2 min read · 22 January 2013
An Englishman’s home is his castle, so the saying goes, but as interest rates rise and property values cool, Britons may soon find that their castles offer little protection from the financial realities outside.
2 min read · 01 February 2013
The real estate and investment advisory business of Prudential Financial has won a beauty contest to help develop senior living communities in the UK.
1 min read · 22 January 2013
According to reports, US distressed debt specialist Cerberus may look to trump Blackstone’s $36bn offer for Equity Office, the biggest buyout to date.
2 min read · 22 January 2013
UK bank Standard Chartered continues to invest in Chinese property developers with a $35m investment in Beijing-based Sino Ocean Real Estate Development.
1 min read · 22 January 2013
The alternative investment firm has bought 5,900 apartments to extend Gagfah’s position as Germany’s largest publicly quoted residential property company.
2 min read · 22 January 2013
