Following the addition of Mark Karlan, CBRE Investors continues to expand its team in Asia with the hiring of Hao Zhou to head up its investments in China.
1 min read · 23 January 2013
Sam Zell recently made headlines when Equity Office was acquired in the largest private equity real estate deal ever. But Zell has been making headlines for the past 40 years. Always opinionated, never boring, Zell sat down with PERE for an interview earlier this year.
3 min read · 23 January 2013
Though details remain sketchy, the private equity firm will need to secure additional capital in order to fund the $3.2 billion equity check for Equity Office.
3 min read · 23 January 2013
The US property investment management firm is stepping up its European activities with two new fund of fund launches as the product gains in popularity.
2 min read · 23 January 2013
The US buyout firm is taking over Sam Zell’s US real estate investment trust Equity Office Properties Trust amid warnings that the collapse of the large buyout in all sectors of private equity is “inevitable”.
3 min read · 23 January 2013
Last week, Apollo Real Estate Advisors’ new debt vehicle, Apollo Real Estate Finance Corporation, extended $90 million in mezzanine financing to 20 Pine – The Collection, a new condominium project in Manhattan. Located in the former headquarters of Chemical Bank, the building is in Manhattan’s financial district—an increasingly desirable address as every square foot of the island is colonized for high-end residential use.
2 min read · 01 February 2013
Riots broke out in the streets of Budapest after it was revealed that Ferenc Gyurcsany, Hungary’s prime minster, lied about the country’s economic prospects. Despite the political unrest, however, real estate fundamentals in Hungary remain strong.
2 min read · 23 January 2013
Hotel veteran William Reynolds will lead the company’s acquisition and development efforts.
1 min read · 23 January 2013
Fresh from a post at GE Real Estate, Tom Wagner will join the real estate investment division of Cerberus as a managing director.
1 min read · 23 January 2013
An infrastructure consortium including Credit Suisse and GE Infrastructure has paid a reported €750m to acquire London City Airport.
1 min read · 23 January 2013
