Buy & Sell

Carlyle Group LP Planning to Raise $4 Billion for Seventh Real Estate Fund

Carlyle Group LP, the famous American private equity firm is reportedly planning to raise $4 billion for its seventh real estate fund. The target, if achieved, would make it the firm’s largest property fund since the financial crisis.

Rare Palace on English Embankment for Sale in St. Petersburg (SLIDESHOW)

A rare palace located in the famous English Embankment in central St. Petersburg, Russia has come up for sale. Though listed on the public market, price for the property is only provided on request as the cost is expected to be very high.

Ivanhoe Cambridge Buying Stake in News Corp. Building in Partnership Deal

Ivanhoe Cambridge, a famous property managing firm is reportedly in talks to buy 49 percent stake in the 1211 Avenue of the Americas building which is popularly known as the News Corp. Building located in Manhattan, New York. Ivanhoe Cambridge is joining forces with Callahan Capital Partners to purchase the stake, which values the building at $1.7 billion.