Riots broke out in the streets of Budapest after it was revealed that Ferenc Gyurcsany, Hungary’s prime minster, lied about the country’s economic prospects. Despite the political unrest, however, real estate fundamentals in Hungary remain strong.
2 min read · 23 January 2013
An infrastructure consortium including Credit Suisse and GE Infrastructure has paid a reported €750m to acquire London City Airport.
1 min read · 23 January 2013
Fast expanding Macquarie Global Property Advisors has sold a UK-focused business park for £640 million, more than double what it paid for the company four years earlier.
2 min read · 23 January 2013
The US private equity fund has added another attraction to its burgeoning European-focused portfolio, which it has built up through Merlin Entertainments.
2 min read · 23 January 2013
Fresh from its deal to buy into UK ports group Peel Ports, the global real estate manager has announced its involvement in a residential scheme in Zhuhai.
2 min read · 23 January 2013
The global real estate investment manager has bought a minority stake in the ports business of private UK property group Peel Holdings in the latest example of infrastructure luring property investors.
2 min read · 23 January 2013
If the investment bank hits its target it would surpass the current high-water mark, the $5.3 billion fund raised by The Blackstone Group this summer.
2 min read · 23 January 2013
The developer 2006-11-01 Staff Writer When the US real estate market collapsed in the late 1980s, many private investors, to say nothing of national governments, were caught in the headlights. Eugene Golub, however, entered the fray almost immediately: Golub & Company, a Chicago-based developer, became t
2 min read · 23 January 2013
The rebel 2006-11-01 Staff Writer Though Richard Georgi is infamous for his brash, hard-charging manner—a former colleague once told <italic>The Independent:</italic>“He's a nice guy but I wouldn't invite him to my birthday party. And if I did I would warn everyone first”—he has nonetheless reach
2 min read · 23 January 2013
The gambler 2006-11-01 Staff Writer As the head of Colony Capital, Tom Barrack was at the forefront of investing in the sort of assets-cumoperating-companies that now permeate the private equity real estate industry: hotels, theme restaurants, pubs and, perhaps his firm's most well known investments, casinos
1 min read · 23 January 2013
