Citigroup Property Investors has closed on its Asia Pacific real estate fund on $1.3bn, including a $200 million commitment from the financial services giant.
The New York-based firm will buy Los Angeles-based Smart & Final in a deal worth nearly $813m.
The acquisition of the placement agent Crane Capital Associates has added a global platform from which the bank can compete with the likes of Credit Suisse and UBS.
Swiss alternatives manager Partners Group is acquiring heavyweight US real estate advisor Pension Consulting Alliance.
The UK private equity real estate firm is making almost six times its equity investment on the sale of a German property to the real estate firm founded by former Irish tax inspector Derek Quinlan.
Apollo Management now has the financing in place to launch its £1 billion bid for UK estate agency chain Countrywide.
Shorenstein Properties is the latest firm to purchase a piece of the Equity Office Properties portfolio as The Blackstone Group begins to divest the real estate it acquired in the largest private equity deal ever.
Tishman Speyer and Walton Street Capital are acquiring 64 acres of Playa Vista in West Los Angeles for a new office development.
Standard Chartered Private Equity is investing in its third Chinese property developer in under a year.
The newly formed firm has invested a quarter of its debut private equity real estate fund.