The investment bank will take a five percent stake in Japan’s third-biggest beer maker as the two partner to expand their real estate holdings in the country.
2 min read · 22 January 2013
Canadian pension fund manager Caisse de depot et placement du Quebec is reportedly looking to spend C$1.6bn on real estate in India in the next five years.
1 min read · 22 January 2013
The private equity firm has acquired an office building on New York City’s ritzy Park Avenue for a record breaking per-square-foot purchase price.
2 min read · 22 January 2013
A week after completing their $20bn buyout of Hilton, Blackstone has hired Chritopher Nassetta as the comany’s new president and CEO.
2 min read · 22 January 2013
The Blackstone Group has recently opened an office in Tokyo, headed by Alan Miyasaki, who has moved over from New York to spearhead the group’s real estate investment activity.
2 min read · 22 January 2013
The firm is seeking to raise between $300 and $400 million for its new partnership vehicle with Singapore-based WIRE Group.
2 min read · 22 January 2013
Three weeks after The Carlyle Group announced its investment in Brazilian real estate developer Scopel, New Jersey-based Prudential Real Estate Investors has joined with Racional Engenharia to target investments in Brazil’s industrial property market.
2 min read · 22 January 2013
The Philadelphia-based private equity firm has acquired Watergrove Townhomes in the largest single multifamily transaction in the Memphis market.
1 min read · 22 January 2013
Congressional interest in private equity-owned nursing homes remains high, as two committees in the US House of Representatives have now said they will hold hearings on the subject.
2 min read · 22 January 2013
The Princeton University endowment returned 24.7 percent for the fiscal year 2006-2007, increasing its assets from $13 billion to $15.8 billion. The US endowment allocates 15 percent of its portfolio to private equity funds.
1 min read · 22 January 2013