Bank of America Merrill Lynch related stories
All articles and analysis
Betting the farmWith so much of the mainstream press bemoaning the decline in m&a activity, it is heartening to hear of those pursuing alternative strategies for making money.
- UK quintet tap Middle Eastern wealth
A firm set up by Perry Kurash, who cut his teeth at private property company Topland, has established a corporate finance house with four others to source Middle Eastern capital looking for a home in property.
- Investment in China climbs 78%
China's real estate sector has expanded in terms of investment deals, with $25bn of property transactions in the first half of the year. However it has been mainly driven by domestic investors. Deals by foreign firms declined by more than two-thirds over the past year.
- Goldman poised to win Berenice bidding war
Pirelli is reportedly giving the nod to Goldman Sach’s €913-per-unit bid for Italian office portfolio Berenice.
- Bidding heats up for Italian property fund
Merrill Lynch’s Galante fund has reportedly made a counteroffer for the Berenice fund, eclipsing a bid previously made by Zwinger Opco, an affiliate of Goldman Sachs’ Whitehall fund.
- The 2006 Global PERE Awards: The votes are in!
For the first time, PERE commemorates the people, firms and deals that shaped the past year in the global private equity real estate industry. And what a year it was.
- KKR affiliate sells Geneva hospitals to Colony
Private equity real estate firm Colony Capital has acquired two hospitals in Switzerland from global health care facilities operator HCA.
- Blackstone IPO could raise $4.8bn
The Blackstone Group has set a price range for its public offering, which has the potential to raise up to $4.8 billion, valuing the firm at approximately $40 billion.
- Blackstone real estate fundraise passes $10bn
The private equity real estate division of Blackstone has yet to reach a final close, but its commitments to date mean the New York alternatives giant now controls the largest funds in both private equity and private equity real estate.
- Lehman reportedly shops $10bn alternatives arm to buyout groups
Carlyle, General Atlantic, Hellman & Friedman and Blackstone have been reported as potential buyers of Lehman Brothers divisions including its private equity arm, as the beleaguered investment bank looks to shore up its balance sheet.