US property giants are back
US property giants are back
- 1998
- Sunday Times 29 March 1998, 3:4&6(2) .
Highlights recent interest in the UK property market by American investors. Acquisition of National Car Parks by Cendant; competing bids for the London Savoy group by Starwood Lodging, Blackstone Group and Meditrust and the expected acquisition of City and West End Developments by Security Capital.
OVERSEAS INVESTMENT
REITS
SECURITY CAPITAL
UNITED STATES
Highlights recent interest in the UK property market by American investors. Acquisition of National Car Parks by Cendant; competing bids for the London Savoy group by Starwood Lodging, Blackstone Group and Meditrust and the expected acquisition of City and West End Developments by Security Capital.
OVERSEAS INVESTMENT
REITS
SECURITY CAPITAL
UNITED STATES