The two real estate investors are teaming up to acquire Chicago’s landmark John Hancock Center for around $385m.
Private equity investors contributed to a €26bn splurge of retail property purchasing in Europe last year as research shows activity was up 77 percent on 2005.
The real estate arm of global investment bank Morgan Stanley has acquired CNL Hotels and Resorts, the second-largest hospitality REIT in the US, for $6.6bn.
Everyone likes a good cliffhanger, be it on the silver screen or in the trenches of the the biggest private equity real estate deal of all time. The hallmark of a suspenseful story, of course, is that you never know what’s going to happen next.
The bid for Equity Office Properties means rival bidder Blackstone must now await EOP’s response before plotting its next move.
Alternative asset manager Cerberus has withdrawn from the consortium mulling a counter-bid for Equity Office in excess of $36 billion.
Private equity real estate firm JER Partners is working with Formation Capital to acquire the long-term health care portfolio Genesis Health Care.
The third annual Investment Intentions Survey by the European Association for Investors in Non-listed Real Estate Vehicles (INREV) insists the majority of investors prefer to increase exposure to property via un-listed funds.
New York private equity real estate firm Phoenix Realty Group has raised $176m for two funds focused on urban property in New York and Los Angeles.
US real estate trust Vornado has reportedly joined the consortium mulling a counter-bid for Equity Office.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: