Tags: Real estate
Apollo raises USD3.9 billion to buy out distressed assets in Europe
American investment firm Apollo Global Management LLC raised USD3.9 billion to buy distressed European assets. Specifically, the private equity firm is hunting for hotels and resorts in Spain.
Moody's upgrades UAE from negative to stable
Moody's Investor Service had upgraded the ratings for the United Arab Emirates from negative to stable due to recent real estate recoveries and the decline of problematic loans in the market.
American Realty Capital has line up of acquisitions
American Realty is set to have a total of USD15 billion in acquisitions in the near future, Currently, Nicholas Schorsch has his hands full, as his firm American Realty Capital Properties Inc, had nearly USD5 billion in takeovers and his share price declining by 20%.
Modern Land offer attractive to investment hungry China
The term sheet indicated a USD150 million note with a maturity of five years for Modern Land offered to the bond market.