Mirvac adds $1b to funds business in Sunsuper, M&G deals

Mirvac adds $1b to funds business in Sunsuper, M&G deals

Mirvac is ramping up its funds business, finalising separate mandates with Sunsuper and British investor M&G Real Estate in the past week in deals that will bring well over $1bn onto its management platform. Coupled with two major divestments this month – exiting...
UPDATE: Private equity firm CD&R readies Morrisons counter-bid

UPDATE: Private equity firm CD&R readies Morrisons counter-bid

Private equity firm Clayton, Dubilier & Rice (CD&R) is poised to start a bidding war for British supermarket chain Morrisons, the target of a $8.8bn offer from a group led by another U.S. buyout firm, Fortress, the Sunday Times reported. The newspaper said...
Goldman bets on city bounce back with Paris real estate deal

Goldman bets on city bounce back with Paris real estate deal

Goldman Sachs Group is betting that prime retail and office space in Europe’s top capitals still has a bright future. The firm’s asset management unit has agreed to acquire a block in the French capital that it plans to transform into an upscale store,...