The mall wasn’t really open yet, but that didn’t stop the throngs of Singaporeans (and a few ang moh—foreigners—from PERE) from muscling their way into Vivo City earlier this month. Workers scurried around wiring lights, installing doors and putting the final touches on the building, while the masses freely traipsed through the uncompleted mall/construction site.
3 min read · 01 February 2013
San Francisco-based placement agent Probitas Partners, fresh from fundraising for the debut vehicles for KSL and Benson Elliot, is beefing up its real estate team.
2 min read · 23 January 2013
Robert Bass’ buyout shop will try and build Harrisburg, Pennsylvania-based Arnold Logistics into a US leading third party logistics supplier.
1 min read · 23 January 2013
The private equity real estate firm has signed a pre-let with Zurich Italia in what has been billed as the most important leasing transaction in Italy in the last five years.
2 min read · 23 January 2013
Thanks to a rash of acquistion activity, the flagship Carson Pirie Scott store on Chicago’s State Street is closing, while the original Marshall Field’s is being renamed.
2 min read · 23 January 2013
New York-based Zurich Asset Management, which expects to invest $5 billion, will centralize its management team to capitalize on the blurring of the lines across asset classes.
1 min read · 23 January 2013
The first five environmentally luxury hotel properties under the private equity real estate firm’s new “1” concept will hit markets in Seattle, Paris, California, Arizona and Florida.
2 min read · 23 January 2013
A joint venture between Tishman Speyer and BlackRock Realty came out on top of the pile of bidders to acquire the 110 buildings that make-up Stuyvesant Town and Peter Cooper Village.
2 min read · 23 January 2013
The Nordic region’s biggest private equity real estate firm is buying five properties in one of the largest transactions in the region this year.
2 min read · 23 January 2013
The deal would be the largest private transaction on record and also includes prime office buildings in Los Angeles, Washington DC and Denver.
1 min read · 23 January 2013