Business Immo, the real estate website

STARWOOD CAPITAL GROUP

Investment fund - Investment company

Last update October 10, 2019 | Report an error

Jeffrey Dishner

Senior Managing Director and Global Head of Real Estate Acquisitions & Debt Investments

Barry Sternlicht

Chairman & CEO

Housing

Starwood Capital enters Finland, adding a 2,200-unit rental housing portfolio

US-based Starwood Capital has made its first investment in Finland, acquiring a 2,200-unit rental residential portfolio together with local housing firm Avara for an undisclosed price. The seller was (...)

Office

Starwood said front runner at €200m for Madrid airport office complex

US-based Starwood group is reported to be the front runner with a bid of over €200m for the 79,000 sqm Las Mercedes office complex near Madrid (...)

Finance

Swiss Pictet, after hiring Starwood's Kohalmi, launches first direct RE fund

After hiring former Starwood executive Zsolt Kohalmi to head real estate, Swiss private banking group Pictet is launching its first fund to invest in direct property across Europe. The group's alternatives investment (...)

Office

US Starwood Capital adds Spanish office portfolio for €125m

US opportunity fund Starwood Capital has reportedly paid €125m to purchase a portfolio of Spanish offices in the capital Madrid and the coastal city of Barcelona. According (...)

Housing

Foreign ownership in French housing is no cause for concern

The participation of Germany's Vonovia and Zurich's Swiss Life in the winning bid for French SNCF's housing portfolio is good for Europe, good for France – and may (...)

Listed

Germany's Vonovia buys Starwood out of Sweden's Victoria Park

German listed housing firm Vonovia has acquired the US Starwood Capital Group's full stake in Sweden's Victoria Park at its original offer price, taking its holding (...)

Listed

Austrian Immofinanz raises 1H FFO1 74% to €48m but net slides

Vienna listed Immofinanz reported a 74% rise in FFO1 for the first half to €48.4m. Although net profit slid 18% to €86m, it said it is (...)

Listed

Austria's CA Immo raises 1H FFO 13%yy to €63m; FY to beat 2017

Austrian listed CA Immobilien, now controlled by US opportunity fund Starwood Capital, raised FFO I in the first half by 13%yy to €63.2m and said it (...)

Logistics

US Starwood sells mixed Swedish portfolio to Hemfosa for €351m

US opportunity fund Starwood Capital, extremely active in European real estate of late, has sold a portfolio of mainly logistics assets in Sweden to the listed Hemfosa (...)

Finance

Nordic 1H property transactions near €21bn, driven by residential - Pangea

Property transactions in the Nordic countries in the first half neared €21bn, the second highest ever, driven by large international investments in the residential sector, says Pangea (...)

Listed

Austria's Immofinanz confirms sale of CA Immo shares, for €758m

Austrian listed Immofinanz confirmed it is selling its 26% stake in peer CA Immobilien to US-based Starwood Capital Partners, for €757.9m or €29.5 per shr. It will use proceeds to buy (...)

Hospitality

French Covivio unit closes €300m capital raise to finance UK hotel buy

French hotel REIT Foncière des Murs, a unit of the Covivio group, has completed a capital increase to raise €300m and support the group's £858m (€976m) acquisition of a (...)

Finance

German Vonovia's bid for Swedish Victoria Park succeeds at 58% acceptances

Germany's giant listed housing firm Vonovia has declared its €898m cash offer for Sweden's Victoria Park successful, accepted by 58% of shareholders, and says it will extend the offer to (...)

Hospitality

Jinjiang's Louvre Hotels in CEE focuses on Warsaw, Belt & Road cities

Paris-based Louvre Hotels, owned since 2015 by China's Jinjiang group, should soon double its Poland assets to 40, says a top executive. Its eastern Europe focus lies (...)

Listed

US Starwood wins few takers for Austrian CA Immo, Immofinanz offers

US private equity firm Starwood Capital, which Wednesday announced 24.4% acceptances in a Swedish housing group bid, has by contrast won only a fraction of takers for (...)

Listed

US Starwood wins 24% acceptances in bid for Swedish Victoria Park

US private equity firm Starwood Capital has announced acceptances of 24.4% in its takeover bid for Swedish listed housing firm Victoria Park, and will go ahead and purchase the (...)

Housing

Sweden, Netherlands, France, Spain in frame outside Germany - Vonovia CFO

German housing giant Vonovia is looking in detail at four countries outside Germany to grow its residential portfolio: Sweden, The Netherlands, France and Spain, CFO Stefan Kirsten told Bloomberg in (...)

Housing

German Vonovia offers €898m for Sweden's Victoria Park, topping Starwood

Europe's largest listed housing company, Germany's Vonovia, is making its first foray outside the German-speaking world, bidding €898m, SEK38 per share, for Sweden's Victoria Park in a recommended offer (...)

Listed

Austrian S Immo CEO says Immofinanz 29% buy is step in right direction

Ernst Vejdovszky, CEO of Austrian S Immo in which a 29.14% stake changed hands on Wednesday, acquired by Vienna listed peer Immofinanz, said he is in (...)

Listed

US Starwood Capital says bids for Austrian CA, Immofinanz will boost growth

US-based Starwood Capital Group said its partial bids for Austrian listed companies CA Immo and Immofinanz, which open for acceptances today, will accelerate their growth by providing a long-term-oriented, strategic anchor (...)

Listed

Benko raises S Immo stake to 29%, boosting Austrian Champion speculation

Austrian property tycoon René Benko nows controls 29.14% in Vienna listed S Immo after his private trust on Monday acquired 7.28% from the Vienna Insurance Group. The move (...)

Hospitality

Spanish Hispania shares jump 7% on reports of Blackstone hotels bid

Shares in Spanish REIT/SOCIMI Hispania jumped by 7.3% yesterday on media reports that US wealth manager Blackstone plans a takeover bid once it executes plans to sell office holdings, aiming (...)

Listed

Vienna’s Immofinanz returns to €181m net profit in 2017, excluding Russian operations

Austrian property group Immofinanz last year turned into profit, excluding discontinued operations, with net earnings of €181m reversing a pro-forma €147m loss for 2016. Including these operations, mainly (...)

Listed

Austria's Immofinanz rejects unsolicited US Starwood offer at €2.10 shr

Austria's listed property group Immofinanz has rejected an unsolicited partial offer for a 5% stake made by the US-based Starwood Capital group in parallel to a bid for a larger (...)

Hospitality

French Foncière des Régions confirms talks to buy 14 British 4/5-Star hotels

Diversified French REIT/SIIC Foncière des Régions has confirmed it is in talks to acquire a portfolio of 14 British hotels from the US-based Starwood Capital group. The portfolio comprises 4- (...)

Listed

US Starwood Capital launches bid for 26% of Austrian CA, stake in Immofinanz

US private equity firm Starwood Capital Group has launched a bid to acquire 26% in Austrian listed CA Immo and also a stake of up to 5% in (...)