Blackstone has hit back at a rival consortium by sweetening its own offer for US real estate business Equity Office Properties, ahead of tomorrow’s crucial shareholder vote.
Dubai-based Abraaj Capital has secured one-quarter of its targeted fund size at the first close of its infrastructure and growth capital fund.
Sam Zell’s US real estate group has voted to accept Blackstone’s bid of $54 per share, despite Vornado Realty Trust’s last ditch offer of $56 per share.
Inside one of London's most striking towers, four European bankers recently gathered to discuss the liquidity in the debt markets, the requests of their clients and why Europe is more sophisticated than the US. By Robin Marriott
Private equity real estate firms are increasingly looking towards permanent capital vehicles to boost their funding base. But despite the dollars to be had, it's not all wine and roses. By Aaron Lovell
Long an international pariah, Libya is increasingly being talked about as a potential destination for real estate investors. Though it may take time before private equity real estate firms can invest there, the market is slowly opening up. By Aaron Lovell
Already one of the largest real estate investors in the world, RREEF is now expanding both its global securities business and its burgeoning infrastructure platform. Here, the firm's leadership talks about their long tenure together, their big push in European retail and what it takes to find an operating partner in China and Russia. By Paul Fruchbom
Ernst & Young veteran Jack Rodman has joined Westport Capital Partners to help grow the private equity firm's business in Asia.
Despite increased regulatory attempts by the government, the Chinese property market shows no signs of slowing down, particularly as domestic investors look to get into the game. By Aaron Lovell
Prudential Real Estate Investors has teamed up with Sunrise to invest $1bn in UK senior living communities.