Just weeks after selling a £70.25 million property portfolio to AEW Europe, Brixton is reportedly close to selling another £225 million portfolio to New York based Westbrook Partners.
1 min read · 21 January 2013
Swiss-Italian financier Marc Cottino is spearheading efforts at M&A Property Investors to source €100m for a private equity real estate fund to invest in Europe and North Africa.
2 min read · 21 January 2013
Max Property Group has successfully completed an initial public offering on London’s AIM stock exchange. New York-based hedge fund Och-Ziff Capital Management and the management of the firm have put in an extra £60 million.
2 min read · 21 January 2013
Ellis Short, who co- founded Dallas-based Lone Star with John Grayken, has increased his ownership in English Premier League soccer team Sunderland AFC to 100 percent. The investment comes as UAE entrepreneur Sulamain Al Fahim has a bid accepted to buy rival team Portsmouth FC.
2 min read · 21 January 2013
New York-based Apollo Global Management has assembled a core group of real estate professionals from Barclays Capital, Goldman Sachs and the forerunner to AREA Property Partners to help spearhead future investments as the firm readies itself to raise an opportunistic private equity real estate fund later this year.
2 min read · 21 January 2013
The Blackstone Group and MGPA have reportedly approached London-based industrial REIT Brixton over a possible bid for the company. Brixton is in need of a cash injection as it comes close to breaching its banking covenants.
1 min read · 21 January 2013
The closed-ended vehicle is hoping for a first close by the end of the year. Henderson says it wants to take advantage of market cycles and mispricing in London’s office sector.
2 min read · 21 January 2013
Blackstone, Carlyle, Centerbridge and WL Ross have joined forces with several co-investors – including UK charity The Wellcome Trust – to buy failed Florida-based BankUnited. The FDIC is currently evaluating 'the appropriate terms' to let more private equity firms acquire failed depository banks.
2 min read · 21 January 2013
The UK-focused vehicle attracted more than 30 investors and hopes to take advantage of depressed valuations.
1 min read · 21 January 2013
Buddy Roes, formerly with ING Real Estate, is joining UK firm Schroders to manage the Schroder European Logistics Fund.
1 min read · 21 January 2013
