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US buyout giant targets UK property

Posted on 09 June 2010

From Efinancialnews.com: Texas-based TPG Capital has become the latest private equity firm to target Britain’s property market, launching a €900m ($1.1bn) joint venture, as it bids to take advantage of domestic banks’ efforts to trim their exposures to real estate.
TPG will form a venture with development and investment company Green Property that will target commercial real estate in the UK and Ireland………………………………………..Full Article: Source


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