Corpus Sireo expects more non-performing loans to trade in Germany rise next year with the volume of loans coming up for renewal reaching €3bn.
2 min read · 17 January 2013
The fund, which focuses on small- to mid-sized value-added investment opportunities in New York, has raised $10 million of its $50 million target.
2 min read · 17 January 2013
The $74.5 billion pension system has earmarked a significant amount of capital to new real estate commitments for 2013, primarily through re-ups with existing managers.
2 min read · 17 January 2013
The real estate fund management business of Prudential’s European asset manager M&G Investments has expanded its presence in Asia with the openings of offices in Tokyo and Seoul and the hires of four new staff.
2 min read · 17 January 2013
Two London-based private equity real estate firms have joined forces to acquire a portfolio of 24 office, industrial and retail properties from the Henderson Caspar fund, which was faced with a CMBS maturity.
2 min read · 17 January 2013
The real estate arm of Caisse de dépôt et placement du Quebec has purchased a 49.9 percent ownership interest 1411 Broadway for $360 million. The Swig Company will continue to hold the majority interest in the 1.2 million-square-foot office tower.
1 min read · 17 January 2013
London-based firm Terra Firma has agreed to buy a housing business the team first bought in 1996 while still at Japanese bank, Nomura, that they have managed ever since.
3 min read · 17 January 2013
The joint venture between the two New York-based investment firms has purchased 1201 Third Avenue in downtown Seattle for nearly $550 million.
2 min read · 17 January 2013
The New York firm is reportedly in the process of buying Top Ryde, an 839,592 square foot shopping mall that has given its owners and creditors issues ever since its redevelopment.
2 min read · 17 January 2013
The Denver-based investment firm has raised $85 million of the $100 million target for its second real estate finance fund. To date, Fund II is 40 percent invested.
2 min read · 17 January 2013
