Continuing on the year’s flurry of deals in the multifamily sector, the Boston-based firm has picked up two properties in Orlando, Florida in one of the biggest multifamily transactions in Orlando this year.
The operationally intensive firm has raised roughly $4bn for its eighth buyout fund in less than a year, a source has confirmed to PEO.
The Los Angeles-based private equity real estate firm, famed for its opportunistic plays, is expanding into new areas. The move is being spearheaded by Colony president Richard Saltzman, the man credited with creating the first real estate opportunity fund and the modern-day REIT.
Middle Eastern sovereign wealth investors have entered British football with The Abu Dhabi United Group for Development and Investment, headed by ‘the Donald Trump of Abu Dhabi’, agreeing to buy Manchester City FC.
The emerging markets private equity firm has acquired Teknicast in what is its second management buyout in Malaysia's aluminium sector and third overall in the country.
Despite the credit crunch, the global office markets are still on an “upward trend,” according to a report by real estate services firm, Colliers International. The emerging markets continued to record strong growth in the sector.
The UK bank’s private equity division has augmented its chemicals portfolio, backing the £129m management buyout of Warwick International.
Institutional investors are ramping up their commitments to distressed debt funds, but which asset class they fit into becomes complex when those commitments end up in credit vehicles raised by traditional buyout firms, according to CalSTRS CIO Chris Ailman.
Goldman Sachs' Whitehall funds is to reduce the maintenance budget for a newly acquired portfolio of German residential properties, according to a report.
The beleaguered Australian infrastructure specialist is reviewing Babcock & Brown Capital, a move that follows its purchase of another satellite fund’s management rights and highlights the difficulties the satellite fund model has faced in the wake of the global credit crisis.