Chicago-based property services giant Jones Lang LaSalle has created a secondaries trading platform for Asia-Pacific private real estate funds by way of a monthly bulletin. The first batch of investments to hit the market was sent out last Friday and was valued at $250 million.
3 min read · 17 January 2013
Looking to capitalise on opportunities in the US real estate debt markets, the New York-based investment manager has hired two former RREEF veterans to spearhead the new initiative.
3 min read · 17 January 2013
The former chief US housing strategist at Morgan Stanley has co-founded an asset management firm to invest more than $1 billion in distressed single-family rental homes in the US over the next two years.
3 min read · 17 January 2013
The alternative investment arm of HSBC bank and Hines, the US developer-cum-fund manager, have acquired a prime London office development scheme for a reported £300m. HSBC is investing on behalf of a syndicate of private clients.
2 min read · 17 January 2013
The New York-based investment manager is seeking $400 million to target assets in New York and London for its latest opportunistic real estate vehicle.
1 min read · 17 January 2013
Hearthstone Investments has agreed to buy a portfolio of show homes from Britain’s biggest housebuilder, Barratt Developments, for its new UK Residential Property Fund. The firm’s chief executive says the fund will ‘fundamentally change’ the way the UK invests in residential property.
3 min read · 17 January 2013
The real estate investment business of Deutsche Bank Asset Management has made an investment in 717 Fifth Avenue on behalf of a German institutional investor.
2 min read · 17 January 2013
The real estate investment management arm of Prudential Financial has won a competitive tender for a mandate to manage the UK retailer’s existing property investments and to grow it further.
1 min read · 17 January 2013
The listed French real estate company has acquired an office in Paris on behalf of its value-added/opportunistic real estate fund.
2 min read · 17 January 2013
The $26.1 billion pension has at least $100 million to allocate to non-core real estate funds and plans to hire an opportunistic manager as it aims to increase its allocation in the asset class.
2 min read · 17 January 2013
