Deals

The San Diego-based investment firm says it is close to meeting its goal of acquiring $150 million of assets in Texas.

The joint venture has sold two office buildings, which they purchased in 2005, for more than $32m.

The Japanese bank is set to buy €800m worth of DIY stores as part of a drive into alternative investments.

Fremont Realty Capital, Shorenstein Properties and New York real estate investor Mark Karasick have acquired 311 S. Wacker, a fixture in the Windy City skyline.

Pet supplies retailer Petco announced that it has agreed to be acquired by private equity firms Texas Pacific Group and Leonard Green & Partners in a cash deal valued at $1.8bn.

The Boston-based firm has partnered with Colliers International to provide advice on its European investment strategy.

Britain and Germany are set for a wave of hotel REIT flotations led by private equity firms, according to a report by real estate advisor Jones Lang LaSalle.

The New York-based firm will acquire the publicly traded owner of ski resort Whistler Blackcomb, a host for the 2010 Olympics.

Private equity firm GI Partners is thought to be among those approaching the European factory outlet center developer.

The world’s largest global property services firm takes full control of Noble Gibbons.