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
The private equity giant has joined with Seattle-based senior-living operator Emeritus Corporation to acquire a 25-asset, assisted-living portfolio for $190m.
1 min read · 23 January 2013
The city of Quito, Ecuador—population approximately two million—is probably not near the top of the list when it comes to international cities attracting private equity real estate investors.
2 min read · 01 February 2013
The US investment bank has taken a stake in an upper scale residential developer for its third special situations fund.
2 min read · 23 January 2013
Horatio Sparkes, who oversees the investment of five New York City pension funds, including a nascent private equity programme, has submitted his resignation to city comptroller William Thompson.
1 min read · 23 January 2013
The home of the late Syd Barrett is on the market in Cambridge, while Factory Records founder Tony Wilson is selling his post-industrial flat in Manchester.
2 min read · 23 January 2013