by Sebastian | Dec 22, 2021 | News
Private equity real estate investors are raising money faster than they can spend it. U.S. funds have amassed a record $287.8 billion for commercial-property deals, according to Preqin. That’s up 11% from a year earlier and 57% more than at the end of 2019. The pileup...
by Sebastian | Dec 22, 2021 | News
Blackstone Group is reportedly planning to list India’s first retail properties-centred real estate investment trust (REIT) valued at about $2.2-2.5bn. The US-based private equity firm is planning to list the proposed REIT by mid-2022 after integrating and preparing...
by Sebastian | Dec 22, 2021 | News
Real estate private equity firm Rockpoint Group formed a joint venture with BEB Capital to invest as much as $1bn in U.S. industrial properties. The partners will focus on the Northeast, particularly Long Island, New York, where BEB is based. The venture already has...
by Sebastian | Dec 22, 2021 | News
The National Basketball Association’s (NBA) Atlanta Hawks are close to offloading a minority stake to US private equity firm Dyal HomeCourt Partners, according to Sportico. While it is unclear how big Dyal’s share would be, the sports business outlet reports that the...
by Sebastian | Dec 22, 2021 | News
Embraer SA’s Eve Urban Air Mobility unit will merge with Zanite Acquisition Corp. next year, the latest in a string of deals as flying-taxi startups seek capital from public markets. The transaction announced Tuesday includes $237 million in cash from Zanite, a...
