Having announced an investment of over €130 million in eight warehouses in continental Europe earlier this week, the Paris-based firm has continued its logistics drive with the further announcement of a purchase of four warehouses from London-listed Brixton.
India’s largest listed developer is reportedly preparing to sell non-core assets over the next three years to repay more than $2.8bn of debt. DLF founders this week sold 10% of the development company to raise cash to buy out private equity firm DE Shaw from property trust, DLF Assets.
The publicly listed alternative investment firm will sell Class A shares to repay a portion of its outstanding debt as well as generate working capital that may be used to fund GP contributions to Fortress funds.
The head of North American infrastructure banking at Royal Bank of Scotland told delegates at a New York conference that they can expect deal sizes under $1.5bn in the current market but should not rule out larger transactions, which ‘still can get done’. The key is to enhance value for both parties to the transaction.
The Spanish toll road operator claims it’s still on track to grow both turnover and EBITDA as first quarter traffic numbers decline less than expected.
Mark Florian, who heads the energy-focused private equity firm’s infrastructure team, told attendees at the New York State Infrastructure Summit today that new forms of financing should be utilised for such a project to have real value.
Delegates at an emerging markets conference in Washington DC yesterday argued that emerging managers, now more than ever, have a responsibility to the communities in which they invest.
The bill that will determine funding for much of the US’ surface transportation needs for the next six years has been delayed by the economic stimulus legislation but may go to the House as early as next month.
Robin Hubbard is joining the London office of Los Angeles-based property services firm CB Richard Ellis to help tap clients interested in equity commitments to limited partnerships, joint ventures, or club deals.
The global mid-market firm has done Brazil’s biggest private equity deal this year with the purchase of a 30% stake in CETIP, the largest central depository for private fixed income securities and over-the-counter derivatives in Latin America.