Hints and tips:
...This year, it acquired real estate manager Mitsubishi Corp-UBS Realty for $2bn....
...The infrastructure-focused asset manager invested in NTT’s data centre business in Europe and North America last year....
...The sale of Northstar’s stake follows a tumultuous period for the SoftBank vehicle....
...SoftBank’s asset management arm Northstar has a reputation for hedge fund-style risk taking, losing some $5.6bn on derivatives....
...They added that the deal reflected a back-to-basics approach at Northstar after the Nasdaq whale trades ultimately resulted in hefty losses....
...Already Europe’s biggest listed internet company, deal-hungry Prosus is likely to become even more of a M&A machine....
...Axa, a global leader in property investment, said it will acquire the whole share capital of Northstar Realty Europe, which owns a portfolio of 12 office properties and two hotels....
...Under pressure from Senvest Management, a New York hedge fund, Colony last year slashed the management fees it collects from Northstar Realty Europe, a publicly traded real estate investment trust....
...Axa Investment Managers agreed this month to buy New York-listed NorthStar Realty Europe, which owns €1.1bn of offices in London and other European capitals; Mucklow, a £414m UK real estate investment trust...
...The company has been targeted by the New York hedge fund Senvest Management over Northstar Realty Europe, a publicly traded real estate investment trust from which Colony collects management fees....
...(NYT) News Round-Up Osram/Bain/Carlyle: sensor proportion (FT) Moody’s warns Merlin’s £6bn take private deal could lead to downgrade (FT) Axa Investment to buy New York-listed Northstar Realty (FT)...
...Senvest Management, a New York-based hedge fund, has written to the board of directors of Northstar Realty Europe Corp claiming the company has suffered from high management fees and should be liquidated...
...Realty Finance Corporation....
...Meanwhile, 20 Gresham Street, close to Lloyds’ headquarters, was sold to China Resources Land, a state-owned group, and the US company Northstar Realty Europe for more than £300m in May....
...Now Colony is facing an activist investor in Northstar Realty Europe, a Reit that was not part of the merger....
...The company -- the parts that are actually operating -- received a stalking-horse bid from Medical Transcription Billing Corp that could total between $10m and $12m....
...Realty Finance Corp....
...Oxford Properties, the real estate arm of the Ontario Municipal Employees Retirement System, a Canadian pension fund, and US private equity house Madison International Realty acquired the centre from South...
...Paul Brundage, senior managing director for Europe at Oxford Properties, said the deal was part of the Canadian fund’s aim to reach $5bn of assets under management in continental Europe by 2020....
...If there isn’t, that exciting prospect may soon be a realty reality – especially now that Informa is bidding for rival business-to-business events and information group UBM....
...After a difficult takeover process, the consortium completed their €4.1bn takeover over the summer, with the deal becoming Europe’s largest buyout in four years....
...Tata and ThyssenKrupp agree Europe steel tie-up Germany’s ThyssenKrupp and India’s Tata Steel agreed to merge their steelmaking operations in Europe in an attempt to cut costs and focus on higher-quality...
...In November, Granta Park, south of Cambridge, became part of Blackstone, after the US hedge fund bought BioMed Realty, a San Diego-based property fund that specialises in lab space for biomedical science...
...American Realty Capital Properties, the US real estate group, is in talks to buy NorthStar Realty Finance in a cash and stock deal that could value its rival landlord at more than $6bn....
...Those discussions came less than three months after North Star had itself been the subject of a takeover offer from rival American Realty Capital Property....
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