Istithmar has acquired a control stake in a $130 million hotel being developed in the heart of Bangkok’s commercial district. It is the latest in a series of planned investments in the region by the Dubai-based group.
1 min read · 22 January 2013
The hospitality company owned by sports magnate Sheila Johnson has ventured into golf course real estate with the acquisition of the Innisbrook resort from Golf Trust of America, a links REIT liquidating its portfolio.
2 min read · 22 January 2013
The Quebec pension giant is paying a 20 percent premium for Legacy Hotels, Canada’s largest hospitality REIT.
2 min read · 22 January 2013
Two powerful committee chairmen are backing a bill intended to scrap the low, 15 percent capital-gains tax treatment of GP carried interest in the US. The member behind the bill says the current tax regime on carry is unfair.
3 min read · 22 January 2013
With the help of new haircuts, business suits and a fake hypermarket, two documentary filmmakers create a sensation in the Czech Republic.
2 min read · 22 January 2013
Dubai World, the investment firm of the Dubai government, is reportedly looking to increase its real estate portfolio in the US and Asia.
2 min read · 22 January 2013
Philadelphia-based private equity real estate firm BPG has raised $850m to invest in US real estate.
1 min read · 22 January 2013
The private equity arm of US-based REIT Inland Real Estate has acquired a $125m stake in Cobalt Capital Partners’ latest industrial property vehicle.
1 min read · 22 January 2013
Goldman Sachs’ Whitehall fund is teaming up with French retail group Casino to build shopping malls in Poland—and possibly Eastern Europe.
2 min read · 22 January 2013
Lubert-Adler recently acquired Central Parking, the largest parking company in the US, in a $1 billion transaction with a view towards capitalizing on the company's real estate portfolio. By Paul Fruchbom, P.J. Yeatman and Michael Trachtenberg
7 min read · 22 January 2013