Deals

The Indian company says it hopes to reach a final closing on $750 million in the next three months.

In a deal arranged by Renaissance Capital, shopping mall developer Karavan Real Estate will become the first Ukrainian company to receive investment from Citi’s private equity funds.

The property investment advisor has purchased the company, which runs 17 schools throughout the UK, from Sovereign Capital.

The UK property company has tapped investors including Victoria Funds Management Corporation of Australia for Trillium PPP Investment Partners which gives investors exposure to public private partnership contracts in the UK.

The industrial property developer is investing in developments in the cities of Shanghai and Shenzhen, continuing its expansion in the country.

Pirelli Real Estate has said no agreement has been reached to create a European Retail Premium Group contrary to a statement issued by German retail company, Arcandor.

The Marbleton Property Fund, Alfa Bank Ukraine and Griffin Investment Partners have formed a joint venture to build up a portfolio of high yielding property in Ukraine’s secondary cities.

The real estate secondaries specialist has raised a fourth fund, a year after closing its third fund on $720m.

Doughty has revealed details of a sale from its first European fund in a busy few days for the firm, which announced its maiden sale from follow-on vehicle Doughty Hanson European Real Estate Fund II last week.

The real estate investment arm of Bahrain-based Investcorp has partnered with a local REIT to target the Silicon Valley property market.