The US investment bank continues to enhance its private equity activities in the region, closing on one-third of the capital it is raising for a pan-Asian infrastructure fund.
2 min read · 22 January 2013
An aging population and increasing demand for improved healthcare are putting focus on the growing life science-related real estate sector in the US, according to a report by CBRE. The San Francisco Bay Area, home to more than 800 biotech companies, is one of the largest markets.
2 min read · 22 January 2013
The Los Angeles-based private equity real estate firm spent one month raising capital for its distressed credit fund, raising a total of $900m from existing investors. The fund is expected to invest in distressed property debt and operating companies with strong real estate components.
2 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
Brookwood Value Partners, an affiliate of private equity firm Brookwood Financial Partners, has picked up nearly 400 residential lots in The Grove planned community in Southwest Florida.
1 min read · 22 January 2013
Development, agricultural or beachfront-land is proving the next hottest commodity for private equity real estate.
2 min read · 22 January 2013
The Oman Investment Fund acquires half of the hotel chain from the Dublin-based private equity real estate firm, just one year after Quinlan purchased Jurys Inns for €1.17bn. The deal will allow Quinlan to take advantage of falling real estate values in the UK.
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 Dubai private equity group has teamed with Dubai-backed real estate developer Nakheel to purchase a 20 percent stake in Cirque du Soleil. Famous for unusual live performances, the entertainment company will develop a permanent show on Dubai’s Palm Jumeirah island.
2 min read · 22 January 2013
GLL Real Estate Partners, the Munich-based real estate fund manager, is close to acquiring an office building in Boston’s financial district from Broadway Partners. Broadway bought the property last year.
1 min read · 22 January 2013