Head Niel Thassim and CIO Paul Keogh will not see their employment contracts renewed as the Deutsche Bank unit continues to pave the way for a takeover by New York-based financial services firm Guggenheim.
3 min read · 17 January 2013
PERE’s headline interview with Royal Bank of Scotland, screened at the PERE Summit Europe 2012 in June, became a major topic of discussion throughout the event. Here you can watch the interview broken down question by question.
2 min read · 17 January 2013
The chief executive of the Sorgente Group says he wants the London property market to ‘sit up and take notice’ of its arrival as the Rome-based asset manager acquires Queensberry House on behalf of its semi-closed ended, Donatello Fund.
3 min read · 17 January 2013
On the sidelines of last week’s PERE Summit: Europe in London, PERE heard from Russell Jewell, AEW Europe’s head of private equity funds, on why its important for investors to allow their managers keep some flexibility.
2 min read · 17 January 2013
The Sam Zell-led private equity firm has teamed up with Perennial Investments & Advisors to acquire Normandale Lake Office Park from TIAA-CREF for $255 million.
1 min read · 17 January 2013
The San Francisco-based firm is seeking up to $500 million to invest in nonperforming residential and mixed-use real estate primarily in California, Arizona, Florida, Nevada and Texas. Encore Housing Opportunity Fund II will follow the same strategy as Fund I but with an expanded reach.
2 min read · 17 January 2013
The Houston-based real estate firm, on behalf of its Hines US Office Value Added Fund, has sold the Mountain View Corporate Center in the Denver area to the Westfield Company.
1 min read · 17 January 2013
The London and Hong Kong-based hedge fund manager is planning to wrap a $150m real estate opportunity fund around a strategy to unlock opportunistic returns from development and distressed real estate in Myanmar, Mongolia and Vietnam.
2 min read · 17 January 2013
The Fort Worth, Texas-based private equity firm has purchased a 43 percent stake in the Florida REIT. In addition, TPG will appoint four executives to Parkway’s board of directors.
2 min read · 17 January 2013
The purchase of 555 Mission Street from Tishman Speyer marks the first US purchase by the German fund manager in four years.
1 min read · 17 January 2013