Saudi Investment Freeze Doesn’t Amount to Much in Canada
August 22, 2018

The decision by Saudi Arabia to halt new investments and unload assets in Canada is likely to have limited impact.

Saudi assets in Canada are confined mainly to stakes in upscale hotel operators, some small stock holdings in companies like Continue reading

Kushners Unload 666 Fifth Ave. to Brookfield in 99-Year Lease
August 4, 2018

The Kushner family’s real estate company has secured a crucial investment in its over-leveraged New York skyscraper, reaching a deal to lease the building’s office space for 99 years to a Canadian asset manager.

The arrangement with Brookfield Asset Management Continue reading

Welcome to Waltonville, Where the Worlds Richest Family Reigns
July 10, 2018

The largest family fortune on earth is run out of two floors of unmarked suites in Bentonville, Arkansas.

The building is a discreet nerve center for the Walton family’s $152 billion hoard. There are plenty more overt signs of their Continue reading

Prologis to Acquire DCT Industrial Trust for $8.4 Billion
May 29, 2018

  • DCT CEO Hawkins to serve on board of combined companies
  • Both landlords serve Amazon, other e-commerce tenants

Prologis Inc. agreed to acquire DCT Industrial Trust Inc. for $8.4 billion in stock and assumed debt, making the world’s largest warehouse owner Continue reading

$1 Trillion Fund Committed to U.K. No Matter What Brexit Outcome
March 28, 2018

The world’s biggest sovereign wealth fund will continue to invest in the U.K. no matter what the outcome of Brexit talks.

“We remain a long-term and committed investor in the U.K. in all asset classes,” Norges Bank Investment Management’s Chief Continue reading

Kushners’ Cadre Startup Benefited From Misleading Rent Filings
March 24, 2018

  • Buildings were first and only completed sale by Cadre
  • Client money from Goldman Sachs, new funding round, followed

Cadre, the real estate investing startup co-founded by White House senior adviser Jared Kushner, was the primary beneficiary of a property-flipping investment Continue reading

Egyptian Billionaire Eyes Further Pakistan Real Estate Projects
March 13, 2018

Egyptian billionaire Naguib Sawiris’s Ora Developers will next month start building a luxurious $2 billion housing estate on the outskirts of Islamabad and is eyeing further projects as it taps demand from overseas Pakistanis.

The ‘Eighteen Islamabad’ development will feature Continue reading