China Investment Corporation has joined Singapore-listed logistics specialist Global Logistic Properties in its acquisition of most of the assets of LaSalle Investment Management’s first Japanese logistics fund.
3 min read · 18 January 2013
The private equity firm has sponsored the formation of a $60m equity fund to support the global hotel manager’s goal to expand its US and European portfolio.
2 min read · 18 January 2013
Almost half a year after granting Apollo Global Management exclusivity to the books of its real estate lending arm WestImmo ahead of a potential sale, Germany’s WestLB has cancelled the deal.
2 min read · 18 January 2013
Polls open today for the 2011Global PERE Awards. Now is the time for you, our loyal readers, to determine which firms and individuals stood out from the crowd this past year.
2 min read · 18 January 2013
The Toronto-based alternative investments firm has struck a joint venture with Peninsula Land, the real estate business of Indian financial conglomerate Ashok Piramal Group, ahead of a first fund slated for early 2012.
1 min read · 18 January 2013
Reports this morning say Deutsche Bank has launched the sale of a large chunk of its Global Asset Management business, which includes its real estate, infrastructure and private equity platform.
2 min read · 18 January 2013
The Chicago-based private equity real estate firm has formed a partnership with Hungarian developer TriGranit to own and operate four office properties in Budapest valued at €145 million.
2 min read · 18 January 2013
The New York-based real estate advisory firm has opened offices in Hong Kong and London as part of its global expansion, which also marks the firm’s entree into the third-party capital raising arena.
3 min read · 18 January 2013
The estate of the former Wall Street banking giant has exercised its right of first offer and matched the bid made by the Sam Zell-led REIT. Lehman also is suing co-owners Bank of America and Barclays for breach of contract.
2 min read · 18 January 2013
The largest investors in the $4.7bn Morgan Stanley Real Estate Fund (MSREF) VII Global have notionally agreed to extend its investment period by 12 months in return for the cancellation of $700 million of capital commitments and a small reduction on various fees.
2 min read · 18 January 2013
