Ardian launches Real Estate Debt strategy
Ardian, a world-leading private investment house, today announced the creation of a Real Estate Debt activity to manage funds and mandates related to finance pan-European real estate projects. Ardian Real Estate Debt will be managed by Arnaud Chaléac, as Head of Ardian Real Assets Debt. With more than twenty years’ experience in finance, and Co-Head […]
Blackstone, partners bet $24 billion on hunger for urgent delivery
Blackstone is leading a $24bn recapitalisation of Mileway, the biggest operator of urban warehouses in Europe, as the private equity giant increases its bet on demand for rapid goods delivery. Rather than list or seek a private sale, the U.S. investor is opting to recapitalise the logistics company, Europe’s largest owner of last-mile logistics, as […]
Allianz Real Estate commits close to EUR 3bn across the global residential sector in 2021
Allianz Real Estate, acting on behalf of several Allianz Group and third-party companies, committed almost EUR 3 billion to the global residential sector in 2021. The firm’s assets under management (AUM) in the sector at the end of September 2021 stood at EUR 9 billion – in Europe, EUR 3.7 billion; the U.S., EUR 4.7 […]
Annaly Capital to sell commercial real estate business in $2.33 billion deal
Annaly Capital Management Inc has agreed to sell its commercial real estate business to investment firm Slate Asset Management in a deal valued at $2.33 billion to sharpen its focus on its core residential mortgage finance business. Annaly said in a statement on Thursday that the deal, which is expected to close by the third […]
Brookfield seeks to take real estate arm private in $5.9bn deal
Investment group offers near 15% premium to December share price of US mall operator Brookfield Asset Management has made an offer to take private its real estate arm Brookfield Property Partners, one of America’s biggest mall operators, in a $5.9bn deal. The Canadian investment group has offered $16.50 in cash for every share in the […]
U.K. Housing Boom Pushes Price Growth to Six-Year High
U.K. house price growth rose to a six-year high in December, rounding off a strong 2020 for the market that defied a wider economic downturn. Values climbed 7.3% from a year earlier to an average of 230,920 pounds ($312,800), Nationwide Building Society said Wednesday. They increased 0.8% from a month earlier. The housing market has […]
