Dave Keating
Two London-based private equity firms have made a partial exit from CI Traders, the Channel Islands retail and hospitality company acquired last year.
The firm has up to €9 billion available with leverage for its third European real estate fund, making it one of Europe’s largest private equity real estate funds.
PERE reveals 10 private equity real estate fund managers to watch.
The sale of Colony’s iconic Singapore hotel by Raffles to a consortium led by a former Credit Suisse banker has been scrapped.
Tamweel has launched a $109m property fund to invest in the UAE’s booming property market.
The CDC-sponsored private equity group has reportedly invested in a Bangalore-based developer of residential and commercial projects.
The Dutch firm is to buy two Korean supermarkets for $124m.
The two US firms have acquired the sites through their joint venture for development and refurbishment in the country.
In a sign of the returning health of US REITs, the iconic New York building has been snapped up by New York-listed Boston Properties, setting a record in the process as the most paid ever for a US office block.
The UK finance provider’s full-year fiscal profits climbed 8 percent as banks continue to suffer from the credit troubles.