The two firms have launched a private equity infrastructure fund for in the gas transportation, power generation and railways sectors in emerging markets globally.
2 min read · 22 January 2013
US firm Prudential Real Estate Investors (PREI) has expanded its investment relationship with partner Beekman Helix India Partners by establishing a joint private equity real estate platform, Pramerica BHI India.
1 min read · 22 January 2013
US House Ways and Means Committee chairman Charles Rangel has again introduced a bill that would attempt to tax carried interest as personal income after dropping an identical provision last December.
2 min read · 22 January 2013
Wilson Lee, the former UBS and Lehman Brothers real estate professional, has joined ING Real Estate Investment Management in Europe to lead the firm’s new opportunity fund business in the region.
2 min read · 22 January 2013
CVC’s Germany head Steven Koltes has denied speculation in the financial press that it plans to sell the real estate division of Evonik, a German conglomerate in which it bought a 25 percent stake earlier this month.
1 min read · 22 January 2013
New York hotel group, Morgans Hotel, is the newest partner in a JV between private equity real estate firm Normandy Real Estate Partners and Ames Hotel Partners to redevelop Boston’s first skyscraper into a boutique hotel.
2 min read · 22 January 2013
The real estate services firm agrees to acquire its smaller rival in a bid to bolster its presence in key US markets and its tenant representation business. The merger will leave Jones Lang LaSalle with almost 50,000 employees and 184 offices worldwide.
2 min read · 22 January 2013
Could the hunter become the hunted in the European market?
2 min read · 22 January 2013
Orco Property Group, the listed company that concentrates on real estate investments in Central Europe and parts of Eastern Europe, is downgrading its growth forecast for the Endurance Fund after feeling the effects of the credit crunch.
2 min read · 22 January 2013
London private equity real estate firm Europa Capital has closed two vehicles giving it €2.5 billion of acquisition firepower to capitalize on 'difficult and volatile credit conditions.'
1 min read · 22 January 2013
