Ted Darnall, a veteran of Starwood Hotels, has joined the hospitality-focused firm as a partner and will help invest its $425m second vehicle.
The private equity titan and long-time real estate investors has raised $1.2bn for its first vehicle specifically dedicated to real estate.
The private equity real estate firm has bought a package of commercial properties as it ends a mixed year on a high note.
New York’s Broadway Real Estate Partners is adding a Houston high-rise to its portfolio and a new fundraising director to its staff.
The US firm is set to launch its third European property fund next year as it ramps up its global real estate investment activities.
Washington, DC-based private equity firm The Carlyle Group has acquired 110 villas in Shanghai, the group’s first property investment in China, according to local press reports.
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.
Macquarie Global Property Advisors has become the latest private equity real estate firm to plunge into Poland’s residential sector amid rising wages and the growth in mortgage lending.
The Stockholm-based firm is launching a retail fund in the belief that rental growth from shops in Europe will be superior to offices.
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.