Qatar Holding LLC, a unit of the Persian Gulf emirate’s sovereign-wealth fund, agreed to buy a 40 percent stake in Milan’s newly built Porta Nuova business district to expand its Italian real estate holdings.
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, formed a joint venture with Hines to develop a master-planned business park in Houston as it seeks to expand in real estate deals.
Dubai appointed Saeb Eigner as the chairman of the Dubai Financial Services Authority, the regulator of the Dubai International Financial Center tax-free business park, to replace Abdullah Mohamed Saleh.
Five men died and another man has been seriously injured after an explosion at a business park in Lincolnshire, eastern England, police said. The cause of the explosion, which occurred last night, isn’t yet known, Lincolnshire police said in a recorded telephone message.
Meydan LLC , Dubai’s state-owned developer of the world’s biggest horse-racing complex, signed an agreement with a unit of China’s Guangsha Holding Venture Capital Group to build a business park in the emirate.
KKR & Co., the buyout firm run by Henry Kravis and George Roberts, is preparing to market its first fund dedicated to real estate investments with an initial $500 million committed to the pool, according to two people with knowledge of the matter.
Stroll through any Porsche dealership and you’ll experience lust and sticker shock. All those gorgeous new 911 Carreras, from shiny S models to enticing convertibles, tugging at your heartstrings and wallet.
Ian Coull , the chief executive officer of Segro Plc , made two of the best-timed property transactions of the last three years: the sale of the company’s U.S. unit at the peak of the market and the purchase of its biggest U.K. rival at the bottom.