*Private equity seeks bargains in UK shopping centres. "You have to be very selective about which secondary shopping centres you go into," said Manish Chande, a founding partner of fund management business Clearbell Capital, which bought a centre in Durham, northeast England last year. The firm is revamping The Gates Shopping Centre, opened in 1975, by adding a...
*Middle East investors to pour $18- 20 bln into global real estate- CBRE. NEW YORK, Dec 2- The boarded-up building sat vacant on a tattered block in San Francisco until a small New York developer and a Kuwaiti real estate partner snapped it up in April 2014, attracted by the proximity to Twitter Inc and other tech companies. Over the next year and a half, New York's Synapse...
Nov 11- CBRE Group Inc said it has been hired by billionaire investor Carl Icahn to sell Fontainebleau Resort Las Vegas, five years after taking control of the property. The Wall Street Journal reported the sale earlier on Wednesday and pegged the deal value at about $650 million. Fontainebleau, which was planned as a $3 billion project, filed for bankruptcy...
Nov 11- CBRE Group Inc has been hired by billionaire activist investor Carl Icahn to sell the Fontainebleau Resort Las Vegas, the property broker's spokesman told Reuters. The Wall Street Journal reported the sale earlier on Wednesday and pegged the deal value at about $650 million. The unfinished resort and casino on the Las Vegas Strip was planned as a $3...
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