With the completion of CBRE Group’s takeover of ING REIM, the Los Angeles-based real estate investment management firm is poised to ramp up investment activities in targeted areas worldwide.
2 min read · 18 January 2013
The Canadian Pension Plan Investment Board said today its real estate assets now reflected 9.1% of its total C$152.3bn of assets.
2 min read · 18 January 2013
A trio of real estate executives at the PERE Forum: New York agreed that investment opportunities within the distressed real estate debt space are steadily increasing.
2 min read · 18 January 2013
The New York-based retirement fund has been steadily working toward expanding its footprint in the investment management space, according to its head of global real estate Thomas Garbutt.
2 min read · 18 January 2013
In its second transaction with development firm VDP NV, the Europe-focused firm has increased its exposure to the Czech Republic using capital from its Curzon Capital Partners III fund.
2 min read · 18 January 2013
The London-listed property services firm has selected UGL as preferred bidder to buy the embattled company. If a deal happens it would create the third largest property services firm globally.
2 min read · 18 January 2013
Global financial services firm State Street says fund managers in Europe increasingly are looking to outsource functions in the face of incoming resource-intensive EU regulation.
3 min read · 18 January 2013
The New York-based firm has purchased 1776 Eye Street to augment its New York and DC office portfolio. The property's asking price reportedly was $140 million.
2 min read · 18 January 2013
On behalf of its retail property fund, the London-based global asset management firm has purchased a shopping centre in a suburb of Paris and a retail centre in Germany for a total of €100 million.
2 min read · 18 January 2013
The Madrid-based firm Drago Capital and an unnamed North American institutional investor have bought Royal Bank of Scotland’s 50 percent interest in three buildings that Drago helped acquire in July 2008.
1 min read · 18 January 2013