The investment bank’s property arm continues its acquisition spree with the announced takeover of Investa Properties, one of the largest REITs in Australia.
The real estate arm of Deutsche Bank is making personnel changes in Europe following the surprise announcement by David Brush that he will retire from the company next year.
The announced acquisition of the Englewood, Colorado company, the second largest publicly traded apartment owner in the US, would be one of the largest REIT privatizations in history.
US private equity firm TPG is exploring the possible sale of a minority stake in the firm to major state pension funds.
Edgar Alvarado of Allstate Investments discusses the state of the private equity real estate market from an LP’s perspective.
PAI Partners has bought a controlling stake in partially listed house-builder Kaufman et Broad from US housing group KB Home for more than €5-a-share below Kaufman’s market price last week.
New York-based Crestview Partners, a Goldman Sachs spin-out, has agreed to acquire Symbion, a US operator of short stay surgical facilities, for $637 million.
The Blackstone Group has set a price range for its public offering, which has the potential to raise up to $4.8 billion, valuing the firm at approximately $40 billion.
In a startling development, a soon-to-be established state investment company of the People’s Republic of China will make a $3 billion investment in Blackstone as the alternative investment giant prepares to go public. Blackstone’s Schwarzman is calling the deal a ’paradigm shift in global capital flows’.
The French private equity firm has started exclusive negotiations to buy Kaufman et Broad, in the latest example of frenetic M&A activity in the European homebuilding sector.