By the time that a formal Equity Office Properties shareholders’ meeting convened in Chicago today, the takeover by Blackstone Group LP was pretty much a done deal. Earlier that same morning, rival suitor Vornado Realty Trust and its allies had agreed that the high-stakes game was no longer worth the candle, whereupon the bidding team announced their withdrawal from the heated contest to win the nation’s largest office landlord.
When the corporate real estate department of Chicago-based insurance giant Aon Corp. wanted to centralize its facility expense management system to save big bucks, it anticipated resistance from business unit managers who might perceive the move as a loss of control.
Drawing on the views of more than 100 investors Preqin Investor Outlook: Real Estate, H2 2015, provides a unique and in-depth look at the appetite, plans, expectations and concerns of institutional investors active in the real estate asset class....More
The stars appear to be lining up in favor of a bull run in the seniors housing sector. Exclusive results from a study conducted jointly by NREI and the National Investment Center for the Seniors Housing & Care Industry (NIC) shows that respondents are optimistic on their outlook for the sector....More