Deals

Fundraising by European-focused opportunity real estate vehicles has reached $5 billion this year with the closing of Apollo Real Estate Advisors' third dedicated Euro fund.

Pirelli RE of Italy revealed in its annual results that it is still discussing with German retail group Arcandor the purchase of a 49 percent stake in a retail property joint venture held with Goldman Sachs.

Sports Venture Partners, a private equity firm founded by ex-NFL player Jim Flanigan and former Redskins marketing director John Wagner has closed its first real estate-focused fund of funds.

The private equity real estate firm has picked up an upscale residential development adjacent to the city’s Central Perimeter business district.

The $121 billion CPPIB today argued before US lawmakers that it should not be lumped in with all sovereign wealth funds, as legislators in California attempt to bar the US’ largest pension groups from investing in private equity funds tied to sovereign wealth funds.

The firm’s European fund has acquired a portfolio of office properties scattered across the country.

Greece’s Marfin Investment Group (MIG), which raised a jumbo €5.2 billion listed private equity fund last year, has taken a controlling equity interest in Croatian tourism and leisure group Sunce Koncern.

The Shadow Creek Ranch Town Center, adjacent to its namesake master-planned residential community, is now in private hands.

The private equity arm of the US’ third largest securities firm is set to take a 60 percent stake in ABC Learning, the world’s biggest publicly traded owner of childcare centers.

The global property fund has acquired sites in Melbourne, Perth and Singapore for $187m