Fundraising

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.

The $86m acquisition represents the Philadelphia-based firm’s first push into the Minneapolis metro area.

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

The $90m acquisition may represent South Florida’s largest industrial transaction for the year.