Paul Fruchbom

According to Private Equity Real Estate, the supersized war chest points to the continued influence of private equity firms on real estate around the world.

Sam Zell recently made headlines when Equity Office was acquired in the largest private equity real estate deal ever. But Zell has been making headlines for the past 40 years. Always opinionated, never boring, Zell sat down with PERE for an interview earlier this year.

Though details remain sketchy, the private equity firm will need to secure additional capital in order to fund the $3.2 billion equity check for Equity Office.

The St. Andrews Bay Golf Resort and Spa, located in the historic Scottish town, has attracted everyone from private equity real estate firms to the heir to the English throne.

The alternative investment giant, with a nearly $14bn private equity program, has filed to list on the NYSE in a $750m IPO that aims to sell the public a 10 percent share of the firm.

Following investments in the country’s office and residential sectors, Zell’s private equity real estate vehicle has acquired a large stake in a Brazilian retailer.

Along with Saudi prince Alwaleed bin Talal, the Microsoft founder’s investment office, Cascade, has made an offer that values the Toronto-based hotel company at $3.7bn.

Libyan leader Muammar Gaddafi may be turning a new leaf. After giving up his pursuit of WMDs, the one-time enemy of the West is sponsoring a new real estate development on the country’s northeastern coast.

The historic London hotel, formerly owned by The Blackstone Group and Colony Capital, may temporarily close for the first time in its 117-year history.

As interest in Latin America heats up, rumors are circulating that the global private equity firm is establishing a real estate operation in the region, primarily focused on Brazil.