Global Real Estate

Private-equity giant TPG has closed its first high-risk real estate fund, raising more than $2 billion in commitments at a time when big investors’ appetite for real-estate risk is increasing. TPG, a relatively new player in real-estate investment, began fundraising for the dedicated real-estate fund it just closed in the first half of 2014, with a goal of $1.5 billion ...

Global prime property – The scale of London’s property bubble is laid bare in a report that reveals how the capital has dramatically outstripped New York and every other major city in the world on prices and sales over the past five years. In 2009, there were 2,147 sales of luxury houses and apartments in London in the $2m to ...

Graham Bowley reports in the New York Times that the philanthropist and business magnate David M. Rubenstein will give $25 million to his alma mater, Duke University, to fund arts programming and a new building on campus. Rubenstein, who has been chairman of the board at Duke since 2013, is a founder of the private equity firm Carlyle Group. Previous ...

Fountains have been and continue to remain an important element in the design of gardens and public spaces since ancient times. They are come in handy when you are looking to give your edifice an aesthetic feel. Here are a few of Europe’s Most Amazing Fountains. Swarovski Fountain, Austria A gentle green giant with crystals for eyes and a fountain ...

Amusement or Theme Parks’ attendance is on the rise around the world. In theme parks, life moves pretty fast. If you don’t stop and look around once in a while, you could miss it. It’s a roller-coaster ride all the way, that’s why children love theme parks. it puts life on a fast lane; no speed breaks yet safety is ...

The billionaire hedge fund manager Kenneth Griffin is known as an aggressive trader who waits for prices to fall before buying. But when it comes to personal real estate, Mr. Griffin appears to be less price-sensitive. Over the last two years, Mr. Griffin, the chief executive of the investment firm Citadel, has gone on a multicity real estate shopping spree. ...

Charles Cole is believed to have shot himself after being saddled with debts linked to overseas investment deal A property tycoon who had amassed debts of £5 million is believed to have killed himself at his country manor house. The body of Charles Cole, 50, was discovered by police after concerns for his welfare were raised. The father-of-four ran a ...

Hamburg has become the first German city to pass a law allowing the seizure of empty commercial properties in order to house migrants. The influx of migrants has put pressure on the authorities of the northern city to find accommodation. Some migrants are sleeping rough outdoors. Hamburg’s law takes effect this week. Meanwhile, a new survey by broadcaster ARD said ...

Xterra Capital Advisors, the Mauritius based Real Estate Fund Management company promoting the upcoming Xterra Property Development Fund, has entered into a partnership agreement with Terrestria Real Estate Partners, a subsidiary of Frontier Capital Nigeria (TREP), BGI Ghana, subsidiary of a US based retail development firm (BGI), and Best Western BizTravel Lodges of South Africa (BWBTH). Under the terms of ...

Imagine that a restaurant that offers mouth-watering dishes is modeled after a toilet, would you eat there? Modern Toilet Restaurant is a unique bathroom-themed restaurant chain, based in Taiwan, with several branches throughout Asia. Everything in the 2,800-square-foot (260 m2), three-story restaurant is based on items from a bathroom. The checkered tile covered walls are adorned with shower-heads, while plungers hang ...