ADIA readies two hotel exits – Exclusive

The sovereign wealth fund is preparing to sell assets in London and Miami, which could be offloaded together or separately.

A property on the verge of a record sale

Santander’s corporate campus is on the brink of resolution after years of messy civil proceedings and credit spats.

Berkshire: Real estate M&A activity to decline in 2018 – Exclusive

After a banner year, demand is still strong to buy full or partial stakes in private real estate managers, but deals are becoming harder to find.

Bain Capital buys €1.5bn of Greek NPLs

The sale by Piraeus Bank is the first major property-backed deal in the country amid pressure from the ECB to bring loan portfolios to the market.

Why Qualitas is raising a crossover fund

The firm's co-founder says institutions are increasingly keen on hybrid investments spanning agriculture, real estate and infrastructure.

Harrison Street sells 75% stake with eye toward succession planning

The firm’s founders have sold all or part of their interests to property services company Colliers, which is expanding into the investment management space.

Starwood takes advantage of appetite for UK hotels with its £830m exit

The deal is struck as UK hotel transaction volume jumped 35% in 2017, and JLL forecasts more growth to come.

Revetas set for transformation with €300m TriGranit purchase – Exclusive

US private equity giant TPG expected to make ‘target beating’ returns for its maiden private equity real estate fund from exiting the Budapest-based developer. 

Blackstone’s $7.6bn take-private bid ‘a fair price,’ analysts say

The private equity giant’s per-share price offer for Gramercy is said to be higher than the NAV of the REIT’s underlying assets.

HighBrook expands Dutch presence in portfolio buy

The New York-based firm bought a 56-asset portfolio then immediately sold the industrial portion of the assets to a company backed by the Washington State Investment Board.

Copyright PEI Media

Not for publication, email or dissemination