Eva Poon

As Macy’s deals with sluggish sales, Kohlberg Kravis Roberts is reportedly looking to take the department store retailer private in a $24bn deal.

In a project scheduled to break ground later this summer, Investcorp is teaming up with real estate developer Ceebraid Signal to build a 243,000-square-foot high-rise condominium in Connecticut.

Amidst growing interest in the Frankfurt real estate market, Irish property firm Quinlan Private has formed a joint venture with FOM Real Estate to acquire a stake in a hotel and office project in the city’s center.

Pirelli RE and Deutsche Bank have agreed to buy German property group BauBeCon from Cerberus Capital in a transaction valued at €1.6bn.

In what could be the largest commercial property deal in Silicon Valley history, the Mission West REIT is in sale talks with an undisclosed private equity fund reported to be Connecticut-based Starwood Capital Group.

The hospitality company owned by sports magnate Sheila Johnson has ventured into golf course real estate with the acquisition of the Innisbrook resort from Golf Trust of America, a links REIT liquidating its portfolio.