The company, which has been the target of private equity bidding largely because its property portfolio was thought to be so valuable, has given an estimate of its real estate worth.
2 min read · 22 January 2013
Apollo Real Estate has plugged a gap in its European property coverage by acquiring a specialist debt company in London and now plans to raise a $1 billion fund.
2 min read · 22 January 2013
XOJET has secured nearly $2.5bn in debt and equity financing from investors, including private equity firm TPG, at the same time as agreeing a separate joint venture with Tasameem Real Estate to establish a presence in Abu Dhabi.
3 min read · 22 January 2013
The $110bn Teacher Retirement System of Texas will acquire high-quality office properties in core markets in the US through its new $750m fund with office REIT Parkway Properties.
1 min read · 22 January 2013
KKR has recruited George Bilicic, a Lazard banker, who advised the firm on its $45bn TXU buyout, as it plans to launch a $5bn infrastructure fundraising, according to a report.
1 min read · 22 January 2013
The New York-based private equity firm has recruited former Lazard banker George Bilicic – who advised KKR on its $45bn TXU buyout – as it plans to launch a $5bn infrastructure fundraise.
2 min read · 22 January 2013
Abu Dhabi's largest property firm by market value is eyeing acquisitions in the US and Europe.
1 min read · 22 January 2013
Paul Kennedy, the head of European research for Invesco, will leave the firm at the end of the summer to join the Abu Dhabi sovereign wealth fund.
1 min read · 22 January 2013
Dan O’Hare is joining California-based Grubb & Ellis Realty Investors to help expand its investment program for high net-worth investors.
1 min read · 22 January 2013
The New York private equity firm continues investing in pulp and paper mills braving the ‘perfect storm’ of skyrocketing wood chip costs, a strong Canadian dollar and high energy costs.
2 min read · 22 January 2013