The private equity real estate arm of Prudential Financial has bought two office properties in Lyon from Invista's publicly listed real estate trust. The offices are let to IBM, BASF Agro, Scotts France and Merial SAS. Invista will use the proceeds to pay down debt.
1 min read · 22 January 2013
The world's largest owner of infrastructure assets will now raise third-party capital to back infrastructure GPs around the globe.
2 min read · 22 January 2013
The Duke of Westminster's property company wants to invest in Chinese shopping malls, according to a report.
1 min read · 22 January 2013
The public pension has committed to Carlyle’s fourth Asian growth fund, Welsh Carson’s 11th buyout fund, First Reserve’s 12th energy fund and Clessidra's second Italy-focused fund. Together these four funds are targeting more than $22bn.
2 min read · 22 January 2013
Market conditions worldwide are darkening, but the infrastructure asset class will likely be among the first to see the sun, writes Cezary Podkul.
2 min read · 22 January 2013
The New Jersey venture will provide food and other products at the New York Yankees baseball park and the Dallas Cowboys football stadium. The company will be led by Michael Rawlings, the former president of Pizza Hut.
1 min read · 22 January 2013
The Dutch bank, which owns ING Real Estate Investment Management, one of the largest property managers in the world, has taken a €10 billion ($25 billion) buffer from the Netherlands' government to steer it through the financial crisis.
1 min read · 22 January 2013
The auction for Lehman's Neuberger Berman and units including private equity fund of funds and secondaries, as well as infrastructure, will proceed despite objections from Carlyle over a $2.15bn bid from Bain and Hellman & Friedman.
2 min read · 22 January 2013
The CEO of London-based placement agent MVision says mega-funds may struggle to get commitments next year and must prepare for longer fundraises. He also finds LPs are now allocating up to 20 percent of their private equity programmes to growth-oriented emerging markets.
2 min read · 22 January 2013
The data doesn’t lie – there are far fewer deals being done than last year.
2 min read · 22 January 2013
