Creating a dedicated website explaining the firm’s approach to corporate responsibility is just another natural step in the evolution of a private equity firm, says Patrick Dunne, the global firm’s communications director.
2 min read · 22 January 2013
The Miami, Florida-based firm has launched its fourth real estate vehicle to target distressed or under-managed office properties in the southern US region. The vehicle will also consider multifamily investments with ‘extreme distress.’
2 min read · 22 January 2013
Joseph Azrack, the former president and CEO of Citi Property Investors, will join Leon Black’s new real estate arm, a separate entity from the veteran real estate firm named Apollo Real Estate. Apollo Global's operation will focus, initially, on distressed debt and recapitalizations.
3 min read · 22 January 2013
Prupim has announced a second Tesco portfolio purchase a day after it was revealed that the UK’s largest supermarket has sold £605m of property to real estate investors. The move is part of a sale-leaseback deal that will fund Tesco's expansion into the competitive Indian wholesale food market.
2 min read · 22 January 2013
Thompson National Properties, the private equity real estate firm founded by former Grubb and Ellis chairman Anthony Thompson, has opened an office in New York adding a former Wachovia Securities director as managing director to target real estate debt.
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 New York firm has asked Trent Vichie of Macquarie Securities to lead Blackstone’s newly unveiled developed-infrastructure business. Vichie, an Australian national, was instrumental in the Chicago Skyway transaction, a landmark US toll road privatization.
2 min read · 22 January 2013
The joint venture between Goldman Sachs’ Whitehall funds and NorthStar Realty has closed on a loan portfolio from Wachovia Bank backed by almost 3,000 land lots. CEO Jeffrey Gault says real estate is a 'challenged marketplace.'
1 min read · 22 January 2013
Investors from outside Europe, including private equity real estate firms, could be affected by an amendment to Germany's Foreign Trade Act approved today. The ruling is aimed at sovereign wealth funds but lawyers say it complicates private equity-style investing.
2 min read · 22 January 2013
The international property investor is seeking to raise $350m for a US opportunity fund and more than $200m for a vehicle targeting both the US and Europe.
2 min read · 22 January 2013
