Tag: stake
Allianz buys 49% stake in New York’s iconic office building for...
Allianz has closed another stake acquisition in Hudson Yards, New York's $25 billion mixed-use development, according to the press release on Friday.
Following the purchasing...
HBC to sell stake in German real estate and divest related...
HBC, a Canadian retail business group, has entered into definitive agreements to sell the company’s remaining stake in its German real estate joint venture, and divest...
Melco acquires 19.99% stake in Crown Resorts for $1.22bn
Australian billionaire businessman James Packer has sold almost half his stake in Crown Resorts for 1.76 billion Australian dollars ($1.22 billion) to Melco Resorts &...
Medical Properties Trust buys 46% stake in Swiss healthcare real estate...
Medical Properties Trust has acquired a 46% stake in Swiss healthcare real estate company Infracore SA (“Infracore”) from previous majority shareholder, Aevis Victoria SA...
ESR invest in Singapore’s Sabana REIT and its Manager
Hong Kong-based, ESR, a logistics real estate platform with a network spanning across China, Japan, South Korea, Singapore, Australia and India, through its indirect...
Scentre Group sells 50% interest in Westfield Burwood, Sydney
Scentre Group announced the Perron Group will be a new 50% joint venture partner in Westfield Burwood in Sydney. Perron Group will pay $575...
Singapore’s CDL announces its single largest investment in China
Singapore-listed City Developments Ltd(CDL) announced that it has entered into agreements to invest RMB 5.5 billion (approximately S$ 1.1 billion) in Sincere Property Group,...
Värde Partners acquires 20% stake in Italy’s Borio Mangiarotti
Global alternative investment firm Värde Partners has acquired a 20% stake in Borio Mangiarotti S.p.A.,a Milan-based construction and real estate development company that has...
Singapore’s Rockworth acquires 18% interest in Elanor Investors Group
Singapore-based real estate firm Rockworth Capital Partners announced that it has acquired an 18% strategic interest in ASX-listed diversified real estate funds management platform,...
Clarion Partners acquires majority stake in Gramercy Europe
US real estate giant Clarion Partners, LLC, US real estate investment management business with $50 billion of assets under management, announced that it has...