Industry veteran Alan Bear has joined the San Diego-based multifamily real estate operator as senior vice president.
1 min read · 18 January 2013
The Chicago-based firm has opted not to seek an extension to the investment period of its $3 billion LaSalle Asia Opportunity Fund III in favour of bringing a successor fund to the market.
2 min read · 18 January 2013
Next year promises more challenges for fund managers to invest capital and investors to meet return expectations, as well as a continuing shift toward increased investor reporting.
2 min read · 18 January 2013
The New York-based retirement fund has agreed to acquire the Perlacher Einkaufsparadies shopping centre in Germany from RREEF.
1 min read · 18 January 2013
The purchase of an additional 24% stake in the O'Parinor shopping centre in Aulnay-sous-Bois, France brings the Korean pension fund's ownership to 75%.
1 min read · 18 January 2013
The multi-manager platforms of Aviva Investors, Henderson Global Investors, ING Real Estate and CBRE Investors are among those backing a pre-seeded investment fund led by Sydney-based Lend Lease.
2 min read · 18 January 2013
A joint venture between the New York-based private equity firm and the Palm Beach, Florida-based hotel REIT has acquired the 64 hotels owned by Innkeepers for $1.02 billion. Innkeepers subsequently has emerged from Chapter 11.
2 min read · 18 January 2013
A new report by PwC and ULI says opportunistic return expectations are likely to decline further, while funds with an arsenal of dry powder will continue to have a tough time putting capital to work
2 min read · 18 January 2013
The investment arm of the Dubai government has teamed up with the Toronto and New York-based asset manager to launch the first investment fund to target Dubai real estate.
2 min read · 18 January 2013
The London-based private equity real estate firm, Brockton Capital, has bought a majority stake in data centre specialist, Virtus Data Centres. The fresh investment on behalf of Brockton Capital Fund II, will see the operator develop new facilities.
3 min read · 18 January 2013