One of the largest financial services companies in the world is adding to the wall of money chasing European real estate with the final closure of its first pan-European fund.
2 min read · 23 January 2013
Normandy Real Estate Partners has acquired the Starco Properties portfolio in Northern Virginia—right on the heels of picking up 13 properties sold by Morgan Stanley out of Glenborough REIT.
1 min read · 23 January 2013
Sports franchises have long been considered “vanity investments,” money-losing endeavors that serve to bolster the status of their well-heeled owners at the expense of their bottom lines. But a growing cadre of investors, private equity and otherwise, are increasingly looking at the sector, particularly European football clubs. And they’re counting on more than just success on the field to turn a profit. Oftentimes, real estate comes into play as well.
3 min read · 01 February 2013
One New York developer is seeing dollar signs in the rollercoaster, Ferris wheel and boardwalk of Coney Island. By Aaron Lovell.
2 min read · 23 January 2013
Investment bank JP Morgan has invested $60m in a 50-story luxury residential building—in what could be the biggest investment ever made in a Mumbai-based developer.
1 min read · 23 January 2013
The UK Treasury has relaxed rules for the introduction of real estate investment trusts, which some believe could offer private equity firms an alternative exit route for property investments.
2 min read · 23 January 2013
The Greenwich-based private equity real estate firm is teaming up with China’s largest hotel operator to develop hospitality projects in the country.
2 min read · 23 January 2013
The private equity firm of the Dubai royals have taken a big stake in a European five-star hotel group.
1 min read · 23 January 2013
The financial services giant has taken a 51% stake in a Turkish REIT.
2 min read · 23 January 2013
Los Angeles-based Colony Capital is backing management in a $5bn take-private of casino group Station Casinos.
2 min read · 23 January 2013
