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Investors competing for property assets across Europe
Published Mon, Sep 28, 2015 · 09:50 PM
Madrid
LONE Star Funds first offered to buy London property developer Quintain Estates & Development for a 22 per cent premium. With investors competing for real estate assets across Europe, hedge fund Elliott Associates was able to sway the private-equity firm to raise its bid.
Firms from Lone Star to Qatar Investment Authority and China Investment Corp are increasing their real estate holdings as Europe's economy recovers. For th…
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