The two US firms have acquired the sites through their joint venture for development and refurbishment in the country.
2 min read · 22 January 2013
GE Real Estate has joined BNP Paribas Assurance and Algonquin Asset Management France as an investor in a hotel fund aiming to amass €1 billion of hotels throughout Europe.
1 min read · 22 January 2013
The Blackstone Group is poised to add to its Asian office network with a branch in Beijing, the political and administrative seat of the Chinese government.
2 min read · 22 January 2013
The Dubai-based private equity firm is nearing the first close of its $200m MENA-focused hospitality fund, and has begun marketing another $530m fund specifically for Saudi Arabia.
2 min read · 22 January 2013
The Canada Pension Plan Investment Board has tapped former Goldman Sachs rainmaker Alain Carrier to lead private investments from its second international office opened this year.
2 min read · 22 January 2013
The fund, targeting real estate developments in the Greater China regions of China, Hong Kong, Macau and Taiwan, is the firm’s second Asia-focused vehicle.
2 min read · 22 January 2013
US firms with international operations are raising debt funds in Europe in the hopes there will be enough supply to satisfy them.
3 min read · 22 January 2013
Electra Partners has raised £100m to deploy in areas including real estate alongside the capital of its main client, Electra Private Equity plc, as the latter returns to fully-blown private equity investment.
1 min read · 22 January 2013
Italy's Pirelli Real Estate has handed responsibility for raising its first ever European opportunity fund to Olivier De Poulpiquet.
1 min read · 22 January 2013
JER president and chief operating officer Michael Pralle tells PERE the McLean, Virginia-based firm will rival the likes of Tishman Speyer and Carlyle in terms of capital raised for real estate funds and deals.
2 min read · 22 January 2013