Blackstone Inc. agreed to buy student-housing owner American Campus Communities Inc. in a deal valuing the company at about $12.8 billion, including debt, a bet that rents will continue to rise as more college students...
EQT buys baring Asia unit in $7.5 billion private-equity merger
European buyout giant EQT AB struck a $7.5 billion cash and stock deal to buy rival private-equity firm Baring Private Equity Asia, a big bet on the growth of Asia’s private markets. The deal, announced Wednesday, will...
Law firm IndusLaw acquires Bengaluru-based boutique firm ASLF
Full-service law firm IndusLaw is set to acquire Banguluru-based real-estate and dispute resolution law firm ASLF, making it over 50 partners and about 350 lawyers law firms. Founded by Anup S Shah, ASLF specialises in...
Charter Hall-managed partnership bids $901 mln for Australia’s Irongate
Australia’s Irongate Group said it has received a A$1.29 billion takeover bid from a partnership managed by property investor Charter Hall Group, topping a rejected offer by 360 Capital. The partnership...
Big investors reject sweetened $2.1 bln bid for Germany’s Aareal Bank
Two big investors in Aareal Bank on Wednesday rejected a sweetened $2.1 billion bid for the German lender, with one calling it “lousy” and a second saying it significantly undervalued the group. The buyout...
Apollo to buy Griffin Capital units in push to reach wealthy individuals
Apollo Global Management Inc. has agreed to buy the U.S. wealth distribution and asset-management businesses of Griffin Capital Co., marking a big step in the investment giant’s plan to expand its offerings for wealthy...
Canderel-led consortium to acquire Canada’s Cominar in $4.6 billion deal
Cominar Real Estate Investment Trust said late Sunday it had entered into an agreement to be acquired by a consortium led by Canderel Real Estate Property Inc for C$5.7 billion ($4.61 billion). Stockholders of the...
Evergrande to raise $1.5 billion by selling bank stake to state-owned firm
A Chinese state-owned enterprise struck a deal to buy most of China Evergrande Group’s stake in a commercial bank for $1.5 billion, the latest sign that the country’s authorities are trying to help the property giant...
Oxford Properties to buy $2.2 billion in industrial properties from KKR
Canadian real-estate-investment giant Oxford Properties Group has agreed to buy a 14.5 million-square-foot portfolio of industrial property from KKR & Co. for $2.2 billion, a deal that indicates that the online...
Hong Kong-based ADM Capital invests $25 million in Square Yards
Global investment manager ADM Capital has invested $25 million in India’s largest integrated real estate platform Square Yards as growth capital. This is the third round of fundraising by the technology-led real estate...
Monmouth Real Estate gets rival bid from Starwood – Bloomberg News
Monmouth Real Estate Investment Corp received an unsolicited takeover bid from U.S. investment firm Starwood Capital Group, Bloomberg News reported on Monday, citing people familiar with the matter. The report came in...
Saudi Aramco to sell more assets in multi-billion dollar push
The world’s largest oil company, Saudi Aramco, is planning to raise tens of billions of dollars by selling more stakes in its businesses. The Saudi Arabian state-controlled firm created a new team to review its assets...