A German residential property company part-owned by Goldman Sachs’ Whitehall Funds and Cerberus Capital Management scrapped a plan for an initial public offering following fall out from Greece’s structural deficit problems and general market volatility
1 min read · 24 January 2013
The Austrian private equity real estate fund manager has acquired the IZD Tower in Vienna, Austria for €212m in a joint venture with an unidentified German insurance group.
2 min read · 24 January 2013
The Private Equity Council’s president, Doug Lowenstein, said at a conference Wednesday a tax hike on carried interest in the US is likely to pass – and it’s just one of several tax measures that will hit GPs in the wallet.
3 min read · 24 January 2013
Usual suspects London, Hong Kong and Tokyo still top the most expensive list, according to a survey by CB Richard Ellis. Global rents have fallen 4.6% from one year ago.
2 min read · 24 January 2013
The First Investor, the Qatari investment bank controlled by state-owned Qatari Diar, is to launch a pair of real estate investment funds, one focussed on Brazil and the other focussed on Russia.
1 min read · 24 January 2013
US real estate specialist consultant, The Townsend Group, beefs up multi-manager business by hiring the former head of ING Real Estate Select.
2 min read · 24 January 2013
The Italian tyre manufacturer confirmed today plans to spin off its real estate arm, suggesting this would make it more attractive as a takeover target
2 min read · 24 January 2013
H Cabot Lodge becomes president of the New York firm’s UK subsidiary and head of European investments
1 min read · 24 January 2013
The global private equity firm has partnered with Silver Lake to acquire Interactive Data for $3.4bn. It has also agreed to buy Advent International’s UK retailer Poundland.
1 min read · 24 January 2013
The real estate arm of the European insurance company, Allianz, will own the Porta di Roma shopping centre – the largest mall in Italy – in a JV with Italian investment firm Corio. Allianz sold a 50% stake in the retail asset to Corio.
2 min read · 24 January 2013
