Jiji raises $21M for its Africa online classifieds business
December 23, 2019

Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital.

The Nigeria-based venture, co-founded by Ukrainian entrepreneur Vladimir Mnogoletniy, has an East to West presence that includes Continue reading

Rent tech-focused RET closes first fund; pours $5M into management platform SmartRent
November 29, 2018

Today, Real Estate Technology Ventures (RET Ventures) announced the final close of $108 million for its first fund.RET focuses on early-stage investments in companies that are primarily looking to disrupt the North American multifamily rental industry, with the Continue reading

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