Singapore PE firm buys prime hotel in London
Singapore-based private equity real estate firm Prima Asset Management has acquired a rare freehold hotel in Paddington, London.
In partnership with Capilon Group, a specialist hotel operator and...
WeWork exits bankruptcy, appoints new CEO
WeWork has exited Chapter 11 bankruptcy after restructuring its finances and operations globally.
The company has also announced a new Board of Directors and...
WeWork’s reorganization plan confirmed, set to emerge from bankruptcy
WeWork announced today that the United States Bankruptcy Court for the District of New Jersey has confirmed its Plan of Reorganization, marking the final...
Cromwell divests European platform for €280m
Cromwell Property Group has agreed to sell its European fund management platform and associated co-investments to Stoneweg, a Geneva headquartered, multi-strategy real estate investment...
Cromwell sells six retail centres in Poland for €285m
Cromwell Property Group has sold six retail centres across Poland, held by the Cromwell Polish Retail Fund, for €285 million.
The purchaser, SCF, is a...
Hong Kong’s FEC divests two properties in UK for £17.2m
Hong Kong-based Far East Consortium International Limited (FEC) has agreed to divest two properties in the UK for 17.2 million.
The buyer is Boundary Park Holdings Ltd, a...
Singapore’s CDL snaps up Paris hotel for €240m
Singapore-listed global real estate company City Developments Limited (CDL) has acquired the Hilton Paris Opéra hotel from funds managed by Blackstone for €240 million.
CDL...
Goldman Sachs raises over $7bn for real estate debt fund
Goldman Sachs Alternatives has announced the closing of the West Street Real Estate Credit Partners IV fund, exceeding its target and securing over $7...
Global commercial real estate prices continue to fall in Q1
Global commercial real estate pricing continued to fall in the first quarter of 2024, as deal activity remained sluggish across most major global cities,...
TPG raises $8bn for Asian private equity and real estate funds
Global alternative asset manager TPG has secured nearly US$8 billion in capital commitments for its Asian private equity and real estate funds.
TPG has closed...
Brookfield to invest $1.5bn in Castlelake
Brookfield Asset Management has agreed to acquire a 51% stake in global private investment firm Castlelake’s fee-related earnings.
The amount of capital to be invested...
Riverside to acquire Townsend Group from Aon
Global investment firm The Riverside Company has agreed to acquire The Townsend Group, a provider of global real estate and real asset investment advisory services, from Aon...
