Brookfield Agrees to Buy Hibernia REIT for $1.2bn in Cash

Brookfield Agrees to Buy Hibernia REIT for $1.2bn in Cash

Brookfield Asset Management Inc. has agreed to buy Hibernia REIT. in a deal valuing the Irish company at about $1.2bn. Benedict Real Estate Bidco Ltd., a subsidiary of one of Brookfield’s real estate private funds, will pay 1.634 euros a share in cash, according to a...
New GPs tame challenges with above-target funds

New GPs tame challenges with above-target funds

On Tuesday, two mid-market PE firms announced above-target final closes for their inaugural funds, reflecting institutional investors’ willingness to roll out the welcome mat for well-resourced debut fund managers.  However, the funds’ ability to beat...
Motive Partners up limit in new fund to $2bn

Motive Partners up limit in new fund to $2bn

The of upper limit of Motive Partners’ latest fund has been increased to US2 billion ahead of its expected closing in the next few weeks, according to a report by the Wall Street Journal. Investors agreed to the change by the New York-based firm, which is partly...