Dallas-based Behringer Harvard Multifamily REIT I Inc expanded its co-investment arrangement with PGGM Private Real Estate Fund by agreeing to a new $300 million deal to co-invest in multifamily communities.
Co-investment
Mortgage bids close to £1 Billion in Help-To-Buy program - UK PM Cameron
A statement from the office of the British Prime Minister David Cameron revealed that 6,000 mortgage applications, with over 80% of them as first-time buyers, applied for home loans under the government's Help-to-Buy program.
Founders launch new tech site venture after closure of AllThingsD
After leaving digital news publication AllThingsD with owner News Corp, editors and founders Kara Swisher and Walt Mossberg are focused on building its newest online news site venture called Re/code.
India’s Bombay Bullion Association plans 5pct stake purchase in MCX
India's Bombay Bullion Association, a traders' group representing 1,000 jewelers and traders, plans to buy a 5% stake in the Multi Commodity Exchange of India Ltd after the Forward Markets Commission said its founder was not eligible to run the bourse.
Hedge funds seen to snatch risky opportunities US and foreign banks now avoid
While US and foreign banks do away with risky investments like municipal bonds, hedge funds had taken advantage with the loss of a competitor and increased their positions in such assets, a Barron's report said.
Latest News
Apple Inc. has filed a proxy statement with the US Securities and Exchange Commission on Friday. Apple investors are set to vote on activist investor Carl Icahn's $50 billion stock repurchase proposal on February 28.
Shares of debt-laden construction firm FCC SA leaped by as much as 8.8% on Friday following news that American hedge fund Soros Fund Management, controlled by billionaire George Soros, had acquired a 3% stake in the company.
South Korean oil refiner operator GS Holdings Corp entered into an agreement with commodity trader LG International Corp to acquire a combined stake in STX Energy for $598 million.
Singapore-based asset management company Black River Capital Partners Food Fund Holdings (Singapore) Pte Ltd has increased its holding in Philippine-based food exporter AgriNurture Inc, according to a stock exchange disclosure.
State-owned steel maker Steel Authority of India (SAIL) and the country's largest energy explorer, the Oil and Natural Gas Corporation, are in preliminary talks about jointly exploring coal-bed methane in Indian coal blocks. SAIL wants to use coal-bed methane to reduce input costs.
The Development Bank of Japan will acquire a 24.95% stake in the Gunfleet Sands Facility, a 172-megawatt offshore wind project located in England. DBJ will buy the stake from Marubeni Corp., which bought its holding originally for $329 million.
The Irish Aviation Authority has spent €20 million to buy a 6% stake in Virginia, US-based air traffic surveillance firm Aireon LLC, as part of an agreement with Italy and Denmark to invest in the new service.
BlackBerry co-founder Mike Lazaridis has officially dropped his plans to purchase the firm via a joint bid with a fellow co-founder as new management struggles to turn the troubled company around.
Dubai Islamic Bank said on Wednesday it would increase its foreign ownership limit to 25 percent from 15 percent.
