The talk surrounding emerging markets has been focused on growth. Now, however, it's also about distress.
2 min read · 22 January 2013
The US conglomerate said it was looking to cut its commercial real estate assets to $80bn from $90bn over the next year as part of the firm’s plans to scale back on its financial arm, GE Capital.
2 min read · 22 January 2013
The real estate investment arm of insurer Prudential Financial and Hong Kong company Minmetals are reportedly buying a 99 percent stake in a housing project in Nanjing, China.
2 min read · 22 January 2013
The global mid-market buyout group has upped its investments in buyout and infrastructure deals, despite a roughly 40 percent fall in the total value of its investments over the past five months. The firm’s realisations also slowed significantly.
2 min read · 22 January 2013
The agreement to inject funds into Plantation Place, near Liverpool Street station, follows a breach of banking covenant by its owners Invista Foundation Property Trust and Tishman International.
1 min read · 22 January 2013
The Houston-based real estate investment firm is paying a record $235m – $4,900 per square foot – for the San Francisco site of the firm’s planned Transbay Tower project. The development is expected to be the tallest building on the US West Coast.
2 min read · 22 January 2013
American Capital’s publicly traded European affiliate has invested in the warehouse and logistics firm, just four months after Arcapita bought Central and East European logistics company, Pinnacle Real Estate.
1 min read · 22 January 2013
JC Flowers' founder may use the First National Bank of Cainesville as a platform acquisition for other distressed and failed deposit-taking institutions, according to a regulatory filing.
2 min read · 22 January 2013
Sacramento, California-based private equity firm Dunmore Capital says finished lots in parts of the US are now selling for steep discounts. Founder Sid Dunmore warns there is more pain ahead for developers.
2 min read · 22 January 2013
A report by consultants PKF reveals declining demand and increasing supply will result in two years of decline for the hotel sector – the first time in two decades.
2 min read · 22 January 2013
