The newly formed firm has invested a quarter of its debut private equity real estate fund.
2 min read · 22 January 2013
Chongqing is a hilly city in Western China that sits at the intersection of the Yangtze and Jialing Rivers. Despite being the home of more than 30 million people, the bustling metropolis is probably not particularly well-known to many in the West.
2 min read · 01 February 2013
The history of the Peace Hotel is a trip through Old Shanghai.
3 min read · 22 January 2013
Fortress Investment Group this morning rocketed to roughly a $35 per share debut price, valuing the closely watched alternative investment giant at roughly $12bn, equal to 40 percent of its assets under management.
1 min read · 22 January 2013
San Francisco-based DivcoWest has acquired an Austin, Texas office campus from RREEF for $49m.
1 min read · 22 January 2013
Bain Capital has partnered with CBL & Associates to invest in a Chinese mall operator and real estate developer.
1 min read · 22 January 2013
Some of the world’s biggest alternative asset managers will be watching with interest tomorrow when Fortress Investment Group becomes the first US hedge fund and private equity group to float on the stock exchange tomorrow.
2 min read · 22 January 2013
Following the exit of Vornado Realty Trust from the bidding, Equity Office’s shareholders have given the green light to the largest private equity deal to date by approving Blackstone’s offer of $39bn. The deal includes a Blackstone equity check of $3.75bn.
3 min read · 22 January 2013
Philadelphia-based Rubenstein Properties has acquired $500m in office properties from Equity Office as the firm enters the Atlanta market.
1 min read · 22 January 2013
Swiss RE is selling the London landmark in the most expensive single office transaction ever in the UK.
2 min read · 22 January 2013