The $90m acquisition may represent South Florida’s largest industrial transaction for the year.
Esporta eyed by private equity firms and property investors for up to £500m.
The New-York based firm intends to convert the three luxury buildings in Greenwich, which it bought for $50m, from rental units to condominiums.
The fund closing by Europe’s largest property fund manager comes as research shows €95 billion was invested in European property in the first half of 2006.
Morgan Stanley’s real estate arm has signalled a retreat from the Italian non-performing loan market with the sale of five portfolios for €918.5m.
The government of Singapore’s real estate arm has purchased Munich’s tallest tower in a deal valued at €300m.
The McLean, Virginia-based firm has acquired close to 300,000 square feet of North San Jose office space, which it plans to reposition.
The Chicago-based firm has linked itself with self-storage operator United Stor-All to acquire and develop storage properties in markets across the US.
Europe’s biggest listed private equity firm has committed $40m to a real estate fund in India.
Daniel Cummings will become a senior advisor for international real estate at The Carlyle Group after joining as a managing director in 2000.
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