The London-based private equity firm that last week shelved plans for a €1.1 billion initial public offering of its German residential property company, Deutsche Annington Immobilien, amid ‘adverse market conditions’, has announced it is coming back for a second tilt.
2 min read · 28 August 2013
Chinese insurer Ping An has completed its first overseas real estate investment, acquiring for £260 million, the Lloyd’s Building in London from German real estate company Commerz Real.
2 min read · 28 August 2013
The Boston-based real estate investment manager has sold its interest in two US hotel properties, both of which the firm acquired two years ago on behalf of its third real estate fund.
2 min read · 28 August 2013
Property now shares the top spot with direct hedge funds when it comes to the value of assets within the alternative investment universe, according to a new report by Towers Watson.
2 min read · 28 August 2013
The New York firm has bought Greensborough Plaza, a large retail mall in Melbourne, for A$360 million. It was the first deal for its Asia fund, which held a first close just last month.
2 min read · 28 August 2013
Why Terra Firma’s failure to IPO its German residential platform is not the end for the firm’s founder.
3 min read · 28 August 2013
Friends Life, a pension fund that manages £114 billion of assets has made a commitment of half a billion pounds to US-based Pramerica Investment Management to make senior commercial real estate loans in UK real estate.
2 min read · 28 August 2013
Morgan Stanley Real Estate Investing, the real estate investment management arm of the US bank, has agreed to sell Executive Offices Group to Queensgate Investments, the London-based company started by Jason Kow which announced last year it had £500 million of equity from family officers to deploy.
2 min read · 28 August 2013
The investment management business of UK insurer Aviva and its investment partners have called time on their investment in West End development PaddingtonCentral, selling the multi-building asset to London-listed REIT British Land.
2 min read · 28 August 2013
Finding the right partner – one you can trust – is a factor one cannot do without in real estate investment in China, delegates heard at the PERE Forum: China 2013 in Beijing.
3 min read · 28 August 2013
