Swiss alternatives manager Partners Group is acquiring heavyweight US real estate advisor Pension Consulting Alliance.
2 min read · 22 January 2013
Apollo Management now has the financing in place to launch its £1 billion bid for UK estate agency chain Countrywide.
1 min read · 22 January 2013
The UK-based placement agent has hired Clive Norton as a managing director.
1 min read · 22 January 2013
Shorenstein Properties is the latest firm to purchase a piece of the Equity Office Properties portfolio as The Blackstone Group begins to divest the real estate it acquired in the largest private equity deal ever.
2 min read · 22 January 2013
The history of the Peace Hotel is a trip through Old Shanghai.
3 min read · 22 January 2013
Fortress Investment Group this morning rocketed to roughly a $35 per share debut price, valuing the closely watched alternative investment giant at roughly $12bn, equal to 40 percent of its assets under management.
1 min read · 22 January 2013
Bain Capital has partnered with CBL & Associates to invest in a Chinese mall operator and real estate developer.
1 min read · 22 January 2013
Some of the world’s biggest alternative asset managers will be watching with interest tomorrow when Fortress Investment Group becomes the first US hedge fund and private equity group to float on the stock exchange tomorrow.
2 min read · 22 January 2013
Following the exit of Vornado Realty Trust from the bidding, Equity Office’s shareholders have given the green light to the largest private equity deal to date by approving Blackstone’s offer of $39bn. The deal includes a Blackstone equity check of $3.75bn.
3 min read · 22 January 2013
Philadelphia-based Rubenstein Properties has acquired $500m in office properties from Equity Office as the firm enters the Atlanta market.
1 min read · 22 January 2013