Following the acquisition of the KOMM shopping centre in Offenbach for its separate account with an unnamed North American institutional investor, MGPA’s CEO for Europe told PERE how the firm expected half its business in the region to come from similarly bespoke ventures.
2 min read · 17 January 2013
London–based Internos Real Investors has raised €75m from German institutional investors for the first close of its debut real estate investment fund. In so doing, the firm has evolved from a fund management consolidator to become a traditional private equity real estate firm.
3 min read · 17 January 2013
The largest LP in Colyzeo Investors II, Colony's European fund whose investments in hotel group Accor and hypermarket giant Carrefour halved in value, has failed in its bid to suggest that LPs should be fully entitled to documents in holding companies or special purpose vehicles.
3 min read · 17 January 2013
The Dutch pension fund service provider has become a cornerstone investor in the Redwood China Logistics Fund, an investment club intended for buying distribution, logistics and light industrial real estate in China’s growth markets.
2 min read · 17 January 2013
The New York firm has agreed to buy three shopping centres for around €200m on behalf of a European opportunistic fund.
2 min read · 17 January 2013
The LA-based global property investment management giant is well on its way to reaching the $750m capital raising target for its CBRE Strategic Partners US Value VI fund, according to a document by the San Diego City Employees' Retirement System.
1 min read · 17 January 2013
The London-based fund manager has teamed up with the Frankfurt-based logistics property firm to launch a fund focused on the 'untapped' German logistics market and on behalf of German and Austrian institutional investors.
2 min read · 17 January 2013
The lead investors in the Boston- and Greenwich, Connecticut-based private equity real estate firm’s first commingled fund helped to steer additional capital to the vehicle, which became oversubscribed less than a year after its official launch.
3 min read · 17 January 2013
The Denver-based firm has closed on €95 million for its Amstar Global Property Fund II through which it is targeting three development sites for shopping centres in Turkey.
1 min read · 17 January 2013
The Dutch pension services giant and Copenhagen-based real estate fund of funds firm are among a club of investors to co-launch a residential development company with Mumbai-listed Godrej Properties. The new enterprise will be capitalised with $138 million of equity initially.
3 min read · 17 January 2013