The two US firms have acquired the sites through their joint venture for development and refurbishment in the country.
GE Real Estate has joined BNP Paribas Assurance and Algonquin Asset Management France as an investor in a hotel fund aiming to amass €1 billion of hotels throughout Europe.
East Capital, the asset manager specialising in financial markets in Eastern Europe, is the latest to join the Russian real estate gold rush.
The Blackstone Group is poised to add to its Asian office network with a branch in Beijing, the political and administrative seat of the Chinese government.
The Dubai-based private equity firm is nearing the first close of its $200m MENA-focused hospitality fund, and has begun marketing another $530m fund specifically for Saudi Arabia.
The parent company of Indian private equity firm UTI Ventures is raising an Indian infrastructure fund with Shinsei Bank and HSH Nordbank.
The Canada Pension Plan Investment Board has tapped former Goldman Sachs rainmaker Alain Carrier to lead private investments from its second international office opened this year.
The European Property Investors Special Opportunities fund will target pan-European investment opportunities arising from the current dislocation in the market.
The fund, targeting real estate developments in the Greater China regions of China, Hong Kong, Macau and Taiwan, is the firm’s second Asia-focused vehicle.
The $41.7bn retirement system expands its emerging managers program to include private equity and real estate firms, allocating 10 percent to the asset classes.
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