The Robert Bass-led buyout shop acquired the company, which operates travel stops along US highways, for $731m in 2000.
1 min read · 23 January 2013
The REIT has said it will pay up to $190m for 44 of the toy retailer’s shuttered locations. Vornado teamed with KKR and Bain Capital to buy the chain last year.
1 min read · 23 January 2013
The Canadian developer who presided over Olympia & York is planning a real estate investment fund that could reach $4bn.
1 min read · 23 January 2013
The US property investment firm is taking an equity stake in the first purpose-built shopping center in London’s financial heartland.
1 min read · 23 January 2013
Secrets are never shared at a property conference: Everyone wants to keep their proprietary strategies to themselves. Though GRI Europe 2006, held earlier this week in Paris, was no exception, something else was shared, namely a collective anxiety about where to uncover that increasingly rare thing, an attractive yield.
2 min read · 01 February 2013
The London-based private equity firm is to raise money in the public markets by launching a vehicle that will co-invest alongside its real estate arm.
2 min read · 23 January 2013
You may not have heard of The John Hancock Mutual Life Insurance Company—but you probably know their real estate.
2 min read · 23 January 2013
In a joint venture with Taconic Investment Partners, the New York-based firm has bought nearly 1,000 units in Brooklyn for $90m.
2 min read · 23 January 2013
The Chicago-based firm sold the portfolio to Colony Realty Partners, the core and value-added affiliate of Colony Capital, for $46m.
1 min read · 23 January 2013
The private equity firm wants to move into the residential property sector by backing Countrywide management in a buyout worth up to £900m.
1 min read · 23 January 2013