The US buyout firm has appointed Walid Musallam to head its Middle East hybrid investing business, which is due to hit the fundraising trail for up to $1 billion.
1 min read · 23 January 2013
A notorious prison in Boston’s Beacon Hill neighborhood is being converted into an upscale hospitality property, the ironically named Liberty Hotel.
2 min read · 23 January 2013
Via its Eurocastle subsidiary, the alternative investment giant has acquired 61 office properties throughout Germany from DB Real Estate.
2 min read · 23 January 2013
One of the largest financial services companies in the world is adding to the wall of money chasing European real estate with the final closure of its first pan-European fund.
2 min read · 23 January 2013
Normandy Real Estate Partners has acquired the Starco Properties portfolio in Northern Virginia—right on the heels of picking up 13 properties sold by Morgan Stanley out of Glenborough REIT.
1 min read · 23 January 2013
The UK Treasury has relaxed rules for the introduction of real estate investment trusts, which some believe could offer private equity firms an alternative exit route for property investments.
2 min read · 23 January 2013
The private equity firm of the Dubai royals have taken a big stake in a European five-star hotel group.
1 min read · 23 January 2013
The financial services giant has taken a 51% stake in a Turkish REIT.
2 min read · 23 January 2013
A signature building 2006-12-01 Staff Writer Today, the John Hancock Tower is where the “city checks its reflection in the tower's signature skin,” according to the <italic>Boston Globe</italic>. Thirty years ago, however, the skyscraper was seen as a stain on Boston's skyline, irreparably markin
3 min read · 23 January 2013
Although the theme of the fall 2006 PREA conference was “Back to Basics,” delegates found the current state of the real estate industry anything but. By Alison Granito
7 min read · 23 January 2013