Ares Management-Backed London Square Acquired for £230m

Ares Management-Backed London Square Acquired for £230m

Abu Dhabi-based real estate firm, Aldar Properties, said it has bought the developer behind the Nine Elms shopping complex at Battersea Power Station for £230m.  The developer, London Square, was founded in 2010 and has a development pipeline worth over £2bn,...
Sycamore Partners Acquires Chico’s FAS for $1bn

Sycamore Partners Acquires Chico’s FAS for $1bn

After not finding any better offers, Fort Myers-based retailer Chico’s FAS is moving ahead with a plan to sell itself to a New York-based private equity firm for $1bn. A “go-shop” period to seek better offers has expired and a required waiting period...
Wentworth Capital Buys $140m Logistics Portfolio from GPT

Wentworth Capital Buys $140m Logistics Portfolio from GPT

Real estate private equity firm Wentworth Capital is again buying a portfolio of logistics assets from the listed GPT, with a deal in train for it to pay more than $140m for key assets in Sydney and Melbourne. The company’s move mirrors a play it made late last year...