Deals

The two private equity firms have agreed to buy publicly traded Penn National Gaming, which owns 18 facilities in 14 US states.
The investment vehicle of Qatari property investment fund Three Delta has upped its stake in Sainsburys.
The Canadian firm plans to enter the Australian market with an acquisition of Multiplex, an office, retail and industrial property owner.
Former Merrill Lynch property pro Michael Nash has joined Blackstone as a senior managing director in the firm’s real estate group.
Alinda Capital, a firm led by the former head of project finance at Citigroup, has raised three times more than originally sought for a debut infrastructure fund, the ‘first in a series of infrastructure funds’.
BC Partners has bought Foxtons for approximately £400 million (€585 million, $790 million) after a six month bidding process.
The Dutch institutional real estate manager is departing from its usual strategy to meet investor demands for diversification and higher returns.
Clothing company Jones Apparel Group is in talks to sell luxury department store Barneys New York to Istithmar, the Dubai-based firm that has recently been active in the New York real estate market.
A London-based fund managed by Trikona Capital has teamed with The Luxor Group to develop a special economic zone in the Gurgaon area of the city.
Trammell Crow Meghraj, one of the largest privately held real estate services companies in India, has merged with Jones Lang LaSalle.
pere
pere

Copyright PEI Media

Not for publication, email or dissemination