The Washington, DC-based firm has made the investment in the full-service US restaurant chain Huddle House.
After months of negotiation, the board of the gaming company has agreed to a sweetened offer from the two private equity firms.
In the biggest acquisition in the firm’s history, Pennsylvania’s BPG has acquired a $314m apartment portfolio from National Properties.
Blackstone is seeking a knockout blow in the battle for Equity Office by increasing its offer to $38.3 billion and ramping up its break fee.
The private equity real estate firm affiliated with the Australian bank is buying a Parisian office project as the latest research suggests France will be a hotspot for investors in 2007.
New York-based Apollo and Indian investment group SUN have closed a $630m fund focused on the Indian property sector.
The two real estate investors are teaming up to acquire Chicago’s landmark John Hancock Center for around $385m.
Private equity investors contributed to a €26bn splurge of retail property purchasing in Europe last year as research shows activity was up 77 percent on 2005.
The real estate arm of global investment bank Morgan Stanley has acquired CNL Hotels and Resorts, the second-largest hospitality REIT in the US, for $6.6bn.
The bid for Equity Office Properties means rival bidder Blackstone must now await EOP’s response before plotting its next move.