The bid for Equity Office Properties means rival bidder Blackstone must now await EOP’s response before plotting its next move.
2 min read · 22 January 2013
Alternative asset manager Cerberus has withdrawn from the consortium mulling a counter-bid for Equity Office in excess of $36 billion.
1 min read · 22 January 2013
Private equity real estate firm JER Partners is working with Formation Capital to acquire the long-term health care portfolio Genesis Health Care.
2 min read · 22 January 2013
New York private equity real estate firm Phoenix Realty Group has raised $176m for two funds focused on urban property in New York and Los Angeles.
2 min read · 22 January 2013
US real estate trust Vornado has reportedly joined the consortium mulling a counter-bid for Equity Office.
2 min read · 22 January 2013
As Los Angeles-based Colony Capital launches a bid to acquire casino operator Station Casinos, the gambling play is becoming a more attractive bet to private equity real estate firms. By Aaron Lovell.
2 min read · 22 January 2013
According to reports, US distressed debt specialist Cerberus may look to trump Blackstone’s $36bn offer for Equity Office, the biggest buyout to date.
2 min read · 22 January 2013
With its new vehicle, San Zell’s private investment firm plans to continue focusing on property-related companies in emerging markets.
2 min read · 22 January 2013
The New York-based private equity firm has further strengthened its presence in Asia by naming as senior advisors the president of Lenovo Group and the vice chairman of China Netcom Group.
2 min read · 22 January 2013
Danish investment firm Sparinvest has closed its fund of funds on $640m, which will invest in property vehicles around the world.
2 min read · 22 January 2013