The joint venture between New York-based Och-Ziff and Florida-based real estate developer The Kolter Group is targeting residential investments in the southeast region of the US.
1 min read · 22 January 2013
Sam Zell’s private equity real estate firm has debuted its first investment in the Brazilian logistics sector with a $100m investment in São Paulo-based AGV Logística.
2 min read · 22 January 2013
The publicly traded Canadian buyout firm expects to hold a final close on its third mega-fund in early 2009. CEO Gerald Schwartz has said despite having done no deals in the second quarter, Onex sees attractive opportunities and is not discouraged by credit conditions.
2 min read · 22 January 2013
The president of private equity real estate firm GoldenTree InSite Partners, Tom Shapiro, has warned the US real estate market is in store for more pain ahead as fundamentals, such as rents, weaken. It comes as UK real estate company, British Land, said prospective rents were “drifting downwards.”
2 min read · 22 January 2013
The stakes are raised in the gaming industry as a listed-investment vehicle of private equity firm Apollo Global Management marks down its co-investment in casino company Harrah’s Entertainment by 25%. Harrah’s was acquired by Apollo and TPG for a total of $17.1bn earlier this year.
2 min read · 22 January 2013
A report by PCA to the $234bn California pension fund has highlighted China and India as the most attractive emerging markets in which to invest. The pension will next week consider backing calls to allocate significantly more capital to emerging markets over the next decade.
2 min read · 22 January 2013
The global alternative asset manager’s $308m investment in Brazil is the latest in a host of private equity real estate investors looking to capitalize on the country’s growing property market.
1 min read · 22 January 2013
The emerging market specialist has delivered annual returns of 24% from its first fund, Equity International Fund I, following successful forays into Mexico in particular.
2 min read · 22 January 2013
Martin Lamb, who previously worked for the Morgan Stanley Real Estate Funds, has been hired by the service provider to join the Singapore office as head of Asia Pacific property.
1 min read · 22 January 2013
The property investment arm of the Government of Singapore has purchased a minority stake in Mexico Retail Properties, an affiliate of Denver, Colorado-based private equity real estate firm Black Creek Group.
1 min read · 22 January 2013