Sir David Walker, the man who has been tasked with improving transparency in UK private equity, has defended his independent status to the Treasury Select Committee and outlined some of the specific guidelines he intends to recommend to the industry.
Singapore’s real estate investment arm has teamed with Colonial First State Property Trust Property Trust and the Myer family to acquire the Myer shopping complex in downtown Melbourne for A$1.1bn.
The Italian real estate investment firm has teamed with Unicredit Bank to create two new regional branches that will target residential development projects.
As developers and locals square off, concerns arise over the future of a Hawaiian beach.
In a project scheduled to break ground later this summer, Investcorp is teaming up with real estate developer Ceebraid Signal to build a 243,000-square-foot high-rise condominium in Connecticut.
Amidst growing interest in the Frankfurt real estate market, Irish property firm Quinlan Private has formed a joint venture with FOM Real Estate to acquire a stake in a hotel and office project in the city’s center.
Istithmar has acquired a control stake in a $130 million hotel being developed in the heart of Bangkok’s commercial district. It is the latest in a series of planned investments in the region by the Dubai-based group.
The hospitality company owned by sports magnate Sheila Johnson has ventured into golf course real estate with the acquisition of the Innisbrook resort from Golf Trust of America, a links REIT liquidating its portfolio.
The Quebec pension giant is paying a 20 percent premium for Legacy Hotels, Canada’s largest hospitality REIT.
Two powerful committee chairmen are backing a bill intended to scrap the low, 15 percent capital-gains tax treatment of GP carried interest in the US. The member behind the bill says the current tax regime on carry is unfair.