The lowering of the capital overhang will place the advantage on the buy side, the Terra Firma Capital Partners founder said at Harvard’s Venture Capital and Private Equity Conference.
2 min read · 17 January 2013
CBRE, the property services firm, says it recorded the completion of more than 20 loan sales worth at least €20bn by European banks last year, with a further €13bn currently on the market.
2 min read · 17 January 2013
Reduced market competition, a wide spectrum of investment opportunities and cheaper borrowing costs have led to ‘one of the best opportunities to set up a team’.
3 min read · 17 January 2013
The Chicago-based REIT has been given an extended deadline of 19 April to buy the remaining 26.5 percent stake in Archstone from Bank of America and Barclays for an increased price of $1.5bn after its initial bid was shut out by Lehman Brothers.
3 min read · 17 January 2013
The Chicago-based real estate investment firm has purchased the two assets from Kilroy Realty for $147.5 million on behalf of Carmel Medical Office, a separate account client.
2 min read · 17 January 2013
The pension fund with 61,000 members has picked CBRE out of a beauty parade to become investment advisor for its direct property portfolio.
2 min read · 17 January 2013
Mark Machin has been appointed president of CPPIB Asia, as the Canadian pension plan looks to enhance its investment activities, including that of real estate, in the region.
2 min read · 17 January 2013
Fresh from striking a compromise with investors in its latest global real estate opportunity fund, the private equity real estate business of Morgan Stanley reportedly is gearing up to launch a new US-focused vehicle.
2 min read · 17 January 2013
The extraordinary tale of a huge Dutch real estate fraud, a warning by the country’s Central Bank over property valuations and how the Dutch office market could be hardest hit by the unwinding of German open-ended funds.
3 min read · 17 January 2013
The results of the 2012 AFIRE Annual Survey have revealed that foreign investors intend to continue seeking out real estate investment opportunities in the US, focusing on New York.
2 min read · 17 January 2013