New York-based Apollo and Indian investment group SUN have closed a $630m fund focused on the Indian property sector.
1 min read · 22 January 2013
Private equity investors contributed to a €26bn splurge of retail property purchasing in Europe last year as research shows activity was up 77 percent on 2005.
2 min read · 22 January 2013
The real estate arm of global investment bank Morgan Stanley has acquired CNL Hotels and Resorts, the second-largest hospitality REIT in the US, for $6.6bn.
1 min read · 22 January 2013
The bid for Equity Office Properties means rival bidder Blackstone must now await EOP’s response before plotting its next move.
2 min read · 22 January 2013
Alternative asset manager Cerberus has withdrawn from the consortium mulling a counter-bid for Equity Office in excess of $36 billion.
1 min read · 22 January 2013
Private equity real estate firm JER Partners is working with Formation Capital to acquire the long-term health care portfolio Genesis Health Care.
2 min read · 22 January 2013
New York private equity real estate firm Phoenix Realty Group has raised $176m for two funds focused on urban property in New York and Los Angeles.
2 min read · 22 January 2013
US real estate trust Vornado has reportedly joined the consortium mulling a counter-bid for Equity Office.
2 min read · 22 January 2013
As Los Angeles-based Colony Capital launches a bid to acquire casino operator Station Casinos, the gambling play is becoming a more attractive bet to private equity real estate firms. By Aaron Lovell.
2 min read · 22 January 2013
According to reports, US distressed debt specialist Cerberus may look to trump Blackstone’s $36bn offer for Equity Office, the biggest buyout to date.
2 min read · 22 January 2013