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 financial services giant has taken a 51% stake in a Turkish REIT.
2 min read · 23 January 2013
In recent years, environmentally friendly hybrid cars have become increasingly prevalent in North America and Europe. Are green offices, home, hotels and shopping centers next? By Alison Granito
8 min read · 23 January 2013
Private equity real estate investors are rushing into Brazil in search of heavenly returns. But amid the aura of political and economic stability, the emerging market risks continue to loom large. By Paul Fruchbom
10 min read · 23 January 2013
In the mid-1990s, Chicago-based Heitman became one of the first major property players to invest in Central Europe. The firm formed a JV in 1996 to develop the Warsaw Financial Center, a 32-story office building that was the tallest building in Eastern Europe. In 2000, the firm launched Heitman Central Europe Property Partners to focus on Poland and the Czech Republic, which closed on $125 million. Slovakia and Hungary were added to the mandate for the second fund, which closed on €175 million in 2002. By the time Heitman launched its third vehicle on €350 million in 2005, it was also looking for opportunities in Estonia, Latvia, Lithuania, Slovenia, Romania and Bulgaria. Otis Spencer, the firm's Warsaw-based portfolio manager, spoke with PERE about the evolution of Heitman's strategy in the region and where the firm is looking for value as competition grows.
4 min read · 23 January 2013
China's explosive economic growth has led to some amazing real estate projects. But what happens if the bubble bursts? By Aaron Lovell
5 min read · 23 January 2013
The global real estate investment manager has bought a minority stake in the ports business of private UK property group Peel Holdings.
2 min read · 23 January 2013
Hiring Desmond Taljaard has stoked talks of Starwood launching a takeover of the publicly traded UK leisure group.
6 min read · 23 January 2013
The Four Seasons hotel chain, one of the last publicly traded luxury hotel brands, will likely find itself under very wealthy new ownership.
4 min read · 23 January 2013
Ted Darnall, a veteran of Starwood Hotels, has joined the hospitality-focused firm as a partner and will help invest its $425m second vehicle.
4 min read · 23 January 2013
