Blackstone’s credit business GSO Capital Partners has injected The Miller Group with £160m of capital, resulting in a roughly 50 percent ownership stake in the largest privately-owned homebuilder in the UK.
2 min read · 18 January 2013
The private equity firm has sponsored the formation of a $60m equity fund to support the global hotel manager’s goal to expand its US and European portfolio.
2 min read · 18 January 2013
Almost half a year after granting Apollo Global Management exclusivity to the books of its real estate lending arm WestImmo ahead of a potential sale, Germany’s WestLB has cancelled the deal.
2 min read · 18 January 2013
The Chicago-based private equity real estate firm has formed a partnership with Hungarian developer TriGranit to own and operate four office properties in Budapest valued at €145 million.
2 min read · 18 January 2013
The New York-based real estate advisory firm has opened offices in Hong Kong and London as part of its global expansion, which also marks the firm’s entree into the third-party capital raising arena.
3 min read · 18 January 2013
The giant apartment REIT in the middle of a heated ownership battle has purchased a 209-unit high-rise building in Manhattan’s Kips Bay neighbourhood.
2 min read · 18 January 2013
Knock-out return for The California Public Employees’ Retirement System’s (CalPERS) from its original $500m commitment to GI Partners Fund I.
2 min read · 18 January 2013
The Korean pension has entered a co-investment partnership with Behringer Harvard on properties in its portfolio valued at more than $1 billion.
2 min read · 18 January 2013
In one of the most prestigious appointments in real estate consultancy, the board of the California Public Employees' Retirement System reaffirmed Pension Consulting Alliance as its principal real estate consultant following a competitive tender.
1 min read · 18 January 2013
Patrick Wu, a director in CIC’s real estate division, is slated to take the top job as incumbent Collin Lau enters a transitional period ahead of a switch to the $400 billion state fund’s private equity division.
3 min read · 18 January 2013
