The Paris-based institutional property manager and its London affiliate Curzon Global Partners have held the third closing for PBW II but will have a final close in September to allow another €30 million of subscriptions.
1 min read · 22 January 2013
When Colony Capital acquired football club Paris Saint-Germain last year, they also acquired the team’s history-rich stadium, the Parc des Princes.
3 min read · 22 January 2013
Goldman Sachs’ Whitehall fund is teaming up with French retail group Casino to build shopping malls in Poland—and possibly Eastern Europe.
2 min read · 22 January 2013
Clothing company Jones Apparel Group is in talks to sell luxury department store Barneys New York to Istithmar for $950 million (€714 million). The Dubai-based firm has been active in the New York real estate market lately.
1 min read · 22 January 2013
Following Carlyle’s first investment in the country, Aberdeen’s pan-Nordic fund has acquired a €108m portfolio in Tampere and Jyväskylä.
2 min read · 22 January 2013
Beacon Capital Partners, the Boston-based real estate investment firm, has agreed to co-develop and then buy the Axa Tower in the Parisian office district of La Defense.
2 min read · 22 January 2013
FUNDS IN MARKET/COMING TO MARKET 2007-07-01 Staff Writer <strong>FUNDS IN MARKET/COMING TO MARKET</strong><br /> <table> <tbody> <tr> <td><strong>FUND</strong></td> <td><strong>FIRM</strong>
10 min read · 22 January 2013
The past few years have seen a number of private equity-backed REIT privatizations in the US. As opportunistic investors increasingly move overseas, could the public-toprivate trend spread to the UK? By Dave Keating
6 min read · 22 January 2013
After weathering the threat of low-cost production in Asia, mexico's manufacturing sector is booming amid rising domestic consumption and a growing economy—both of which are driving the Mexican logistics real estate market. By Aaron Lovell
8 min read · 22 January 2013
If there is any sector that demonstrates the difficulties of operating in the Russian property market, it is probably the gaming industry. Though regulated by the government, the sector is still subject to the vagaries of Russian president Vladimir Putin. In an effort to do away with the country's ubiquitous small gaming halls, a recently introduced law says all casinos currently in operation must shut down by June 2009; going forward, casinos will only be allowed in four regional locations. Clive Tilley, the British founder of international gaming management firm Tilley Entertainment, is one of the few foreigners with experience of running a casino in Russia. Here, he discusses his plans to roll out US-style hotel casino complexes in Russia, the market's reaction to the new regulations and the difficulty of finding quality real estate for his projects.
3 min read · 22 January 2013
