Last week, 11 of the 24 headline news items published by IREN covered billion-dollar transactions and fund closings.
To view last week’s issue click here. Some key headlines include:
- Three NYC properties sell in two separate deals for $1.3b
- Energy & Minerals raises more than $3b for third fund
- Project Swallowtail assets put on the market
- Kildare buys Mars portfolio for €1b
If you didn’t notice, The Blackstone Group was involved in not one, but three billion-dollar deals:
- Recent commercial real estate transactions
- ARCP sells shopping center portfolio to Blackstone for $2b
Money is flowing this year. Let’s do a throwback and see what 2013 was like around this time. Which headlines were catching our eyes?
In the May 24, 2013, issue of IREN, headlines were not bombarding readers with billion-dollar deals, but some high-priced headlines included:
- Mexican REIT purchases industrial properties for $600m
- Morgan Stanley plans $4b infrastructure fund
- Blackstone, Prologis acquire industrial portfolio
- Westfield in talks to sell seven U.S. malls to Starwood
- BlackRock to acquire MGPA
I love billion-dollar headlines. Makes me wish I could spend that kind of money, or dream that investors would give it to me. While that may never happen, I will continue watching the newsfeeds and covering the biggest deals in IREN, praising these high-priced stories.
Not a subscriber to IREI Insights blog? Sign up to receive alerts on new blog posts.
Andrea Waitrovich is editor of IREN and web content editor of Institutional Real Estate, Inc.