Home Fundraising Page 796

Fundraising

The global firm has agreed to buy Tennessee discount retailer Dollar General for $7bn.
Atlanta-based Noble Investment Groups had closed its third hospitality-focused private equity fund on $310m.
The Italian island of Sicily is following other public owners of property in the country by selling €263m of real estate property into a private fund, partly owned by RREEF and Pirelli Real Estate.
The London-based firm has sold its €277m stake in Vectrane, the property company it brought to the French market a little over one year ago.
RREEF’s infrastructure division has reportedly reached the final stage in the auction of UK recycling and waste management firm Cory Environmental.
The private equity real estate firm has joined forces with French billionaire Bernard Arnault to purchase approximately 10 percent of the French supermarket chain.
San Mateo, California-based private equity real estate firm Stockbridge Funds is working with Los Angeles-based SBE Entertainment to acquire and renovate the Sahara Hotel and Casino on the Las Vegas Strip.
The London start-up strikes its second big deal since launching last year via a deal with French hotel giant Accor.
Fresh from its $39bn take-private of US Reit, Equity Office Properties, Blackstone becomes the world’s second largest operator of tourist attractions and theme parks with its acquisition of the famous Tussauds waxwork museum group.
The London-based firm has closed its largest fund to date after receiving commitments of nearly €900m, almost three times the size of its previous vehicle.
pere
pere

Copyright PEI Media

Not for publication, email or dissemination