The sale of German payment processing business Easycash will net 3x the firm’s invested capital.
1 min read · 21 January 2013
Mikhail Prokhorov is not only buying control of the New Jersey Nets basketball team , but he will also take a stake in a development project related to the Nets’ future home.
1 min read · 21 January 2013
Stephen Coyle, chief investment officer for Cohen & Steers' real estate funds of funds business, says many private funds will become 'zombies' as they attempt to hang onto over-levered assets with declining values.
2 min read · 21 January 2013
The investment management firm says Dualinvest will raise £25 million to invest in residential property currently held by developers and housebuilders.
1 min read · 21 January 2013
CB Richard Ellis estimates the UK market is at least £150bn short of the equity necessary to return to equilibrium.
2 min read · 21 January 2013
The Italian firm has exited Gossler’s Park after completing the development.
1 min read · 21 January 2013
A report from reform-focused think tank Open Europe estimates that the burden of compliance costs on managers of private equity and hedge funds could total as much as €1.9bn in the first year.
2 min read · 21 January 2013
The US firm reveals its first UK dedicated strategy saying it hopes to build a portfolio with ‘low levels of depreciation’ and ‘volatility’.
1 min read · 21 January 2013
Houston, Texas-based firm acquires a German company licenced to work through primary and special servicing for commercial mortgage backed securities.
1 min read · 21 January 2013
The government managed investment fund has purchased a 33 percent stake in the Bullring Shopping Centre in Birmingham, England as it seeks to invest outside Australia in assets that will help it meet pension liabilities.
1 min read · 21 January 2013