The firm has acquired the historic Palazzo Tergesteo in Trieste.
A small town in northwest Hungary may soon be home to Europe’s largest gaming complex—if Australia’s richest man, James Packer, has anything to say about it.
UK mid-market buyout firm Graphite Capital’s sale of nursing home Avery Healthcare to Southern Cross Healthcare Group achieved a 2.7 times return on its initial investment in 20 months. Graphite will also keep five care homes to begin another company with Avery’s management.
The property entrepreneur has doubled his stake in the grocer to 11 percent, prompting questions whether a takeover strategy may be in the works.
The UK firm opts to retain an interest in Tank and Rast Holding rather than sell it outright after striking a deal to sell 50 percent to the infrastructure division of Deutsche Bank for a reported €1.2 billion.
ING Real Estate has acquired a shopping center in Morioka, a city in Japan’s North Honshu island.
Istithmar has acquired a majority interest in a hotel being developed in the heart of Bangkok’s commercial district in the latest investment by the firm in the Southeast Asia hospitality sector.
RREEF and H&Q Asia have launched a joint venture to develop Hilton hotels in China.
The sale is being taken as the latest sign that buyers of large-scale residential portfolios in Germany are failing in a strategy to sell homes for a profit or to increase rents.
The central and eastern Europe arm of GE has teamed up with Helios Phoenix to develop €175m of distribution warehouse developments throughout the country.