Pet supplies retailer Petco announced that it has agreed to be acquired by private equity firms Texas Pacific Group and Leonard Green & Partners in a cash deal valued at $1.8bn.
The Boston-based firm has partnered with Colliers International to provide advice on its European investment strategy.
Britain and Germany are set for a wave of hotel REIT flotations led by private equity firms, according to a report by real estate advisor Jones Lang LaSalle.
The New York-based firm will acquire the publicly traded owner of ski resort Whistler Blackcomb, a host for the 2010 Olympics.
The $86m acquisition represents the Philadelphia-based firm’s first push into the Minneapolis metro area.
The world’s largest global property services firm takes full control of Noble Gibbons.
The $90m acquisition may represent South Florida’s largest industrial transaction for the year.
Esporta eyed by private equity firms and property investors for up to £500m.
The New-York based firm intends to convert the three luxury buildings in Greenwich, which it bought for $50m, from rental units to condominiums.
The fund closing by Europe’s largest property fund manager comes as research shows €95 billion was invested in European property in the first half of 2006.