Otis Spencer and Dennis Dart, Heitman's co-head of Europe and in-house legal counsel respectively, have left the company to form KSP Real Estate Investment Management with backing from billionaire businessman Jan Kulczyk and Larry Silverstein, the developer of the World Trade Center.
1 min read · 17 January 2013
The preeminent sovereign wealth fund of the United Arab Emirates is in talks to make its first real estate investment in the UK since 2007 with the purchase of a distressed hotel portfolio for a reported £620 million.
2 min read · 17 January 2013
The Baltimore-based investment manager has raised $276 million for its latest value-add real estate fund from investors such as the West Virginia Investment Management Board, the Montana Board of Investments and Baltimore City Fire and Police.
2 min read · 17 January 2013
Mahesh Katkar, a former JPMorgan real estate manager, joins the Los Angeles-based investment giant’s Strategic Partners division amid fundraising for Fund VI.
2 min read · 17 January 2013
The Miami-based firm already has invested nearly half of its latest value-added vehicle, which gives it about $1 billion in buying power for distressed office assets.
2 min read · 17 January 2013
The $23.1 billion pension system is eyeing an expansion into real estate debt and plans to hire one or more managers to oversee a $200 million mandate.
2 min read · 17 January 2013
The purchase marks the first investment made on behalf of the partnership, which recently was established to target €2 billion in European real estate loans.
2 min read · 17 January 2013
A joint venture between Johannesburg-based Rand Merchant Bank and Westport Property Group has enjoyed capital raising success for its first real estate opportunity fund.
2 min read · 17 January 2013
The Australian real estate investment manager has raised capital from six domestic and institutional investors for its ‘enhanced core’ retail real estate offering.
2 min read · 17 January 2013
The London-based private equity real estate firm is due to complete the first round of fundraising next month for its latest Europe-focused real estate investment vehicle, which is seeking to raise €750 million in capital.
3 min read · 17 January 2013
