Toll Brothers Inc would be buying the home building business of privately-owned company Shapell Industries Inc for USD 1.60 billion.
PE Real Estate
Top deals of the day - mergers & acquisitions
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
Sears Canada to sell half of real estate ownership for CAD315 million
Canadian retailer Sears Canada would be exiting from its ownership in eight real estate properties for CAD315 million after suffering from company losses.
Ayala Land Inc in advanced talks to acquire lot owned by IRC Properties
Ayala Land Inc has pursued its plan to acquire a portion of IRC Properties Inc's lot in Binangonan, Rizal in the Philippines.
Private equity seen flourishing in real estate markets - Ernst and Young
Private equity investors such as the Blackstone Group resorted to new means of investing in real estate as property prices dip.
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Kindred Healthcare Inc. recently bought 9 nursing centers for USD83 million shortly after it purchased Senior Home Care Inc in November.
Without government backing, Citigroup is now offering mortgage backed securities backed by prime jumbo mortgages mortgages from private sources.
Dubai Land Department's managing director announced the launch of its e-Market website during the GITEX Information and Technology Exhibition.
Mark Zuckerberg, Facebook CEO, purchased four adjunct houses to his Palo Alto home. Facebook CEO Mark Zuckerberg was recently reported to have purchased four homes adjacent to his own home in Palo Alto, CA.
A share in CT REIT is worth CAD10 each and 26.35 million trust units were sold. The real estate investment trust of Canadian Tire Corp had raised CAD263.
In an interview with Bloomberg, Deyaar Properties CEO Said Al-Qatami confirms the investment in buildings located in Dubai.
The Carlyle Group obtained approval from the Southwark Council Strategic Planning Committee for the South Bank development project.
The Southwark Borough Council of London approved the proposed real estate development plan proposed by the Carlyle Group on the southern bank of the Thames River.
Today, Whitestone REIT announced it acquisition of Fountain Hills Plaza paid through an all cash transaction.
