Selected International Property Acquisitions
VALUEPROPERTYTRANSACTIONMATTER CLIENT
$1.6 billion Baha Mar Resort (Bahamas) Acquisition and development of largest single-phase resort in Caribbean; Project to include six hotels containing over 3,500 guest rooms and largest casino in Caribbean Baha Mar Resorts, Ltd. (Majority owner and developer)
pound Sterling 589 million The Savoy Hotel PLC Public offer for stock of The Savoy Hotel PLC, owner of luxury hotels in London, including The Savoy, The Berkely, Claridge's, The Connaught and The Lygon Arms The Blackstone Group, acquiror
DM1 billion Sony Center at Potsdamer Platz; Berlin, Germany Financing of office, residential, retail and entertainment complex. Joint venture among Sony Corporation, Kajima Corporation and Tishman Speyer Properties
Fr3.2 billion Vivendi Hotel Portfolio Acquisition of interests in 45 hotels in France, England, Switzerland and the Netherlands Investor Group
Fr1.2 billion Descartes Office Tower; La Defense, Paris, France Recapitalization and acquisition of 1 million square-foot office tower Investor Group
Amount Confidential Port Aventura; Barcelona, Spain Acquisition of interests in theme park and resort Universal Studios, Inc.
pound Sterling 232 million Resolution Acquisition and development of three office buildings in an around London U.S. and British joint venture
SEK 2.1 billion Skanska Office Porfolio Acquisition of 10 property office portfolio located in Sweden and SEK 1.89 billion acquisition financing provided by Eurohydro AG and Skandinaviska Enskilda The Blackstone Group
Euro 500 million Zeus-Bercy Expo; Paris, France Acquisition of largest private office complex in France known as Zeus Bercy Expo, Paris France and Euro 340 million acquisition financing originated by Morgan Stanley Dean Witter Principal Funding The Blackstone Group
Euro 52 million Nikko Hotel; Dusseldorf, Germany Acquisition of the Nikko Hotel in Dusseldorf, Germany and Euro 43 million acquisition financing provided by Deka Bank The Blackstone Group