The Canadian pension plan and the Chicago-based shopping mall REIT have purchased a two-storey, 482,000-square-foot shopping centre in St Louis from Davis Street Properties. CPPIB also will invest in another St. Louis mall owned by GGP.
1 min read · 18 January 2013
The New York-based private equity and real estate giant is set to sell the Channel 1 shopping centre in Shanghai to a subsidiary of Hong Kong-listed New World Development Co in a deal valued at RMB1.46 bn.
1 min read · 18 January 2013
The New Jersey-based real estate investment firm is looking to raise roughly $50 million for its third fund focused on the acquisition of distressed mortgages.
2 min read · 18 January 2013
The London-focused real estate investment manager has brought the total equity of its value-added Wainbridge Global Opportunities London fund to £64.5m after holding another closing. The firm has also invested £16m in a West London office development.
1 min read · 18 January 2013
The placement agent subsidiary of The Blackstone Group has hired former Credit Suisse and Partners Group capital raiser, Jan-Christoph Klein.
2 min read · 18 January 2013
The $5bn private equity real estate firm founded by former Goldman Sachs’ Whitehall Funds head of Europe, Richard Georgi, is looking to redeploy staff from its offices in Europe and Asia to the US in a marked strategy shift.
3 min read · 18 January 2013
As an asset class, infrastructure may one day be as big as real estate – assuming the latter doesn’t annex much of the former. Andy Thomson, editor of PERE's sister publication Infrastructure Investor, takes a closer look.
3 min read · 18 January 2013
The Los Angeles-based real estate investment firm has formed a roughly $200 million joint venture with Cincinnati-based Phillips Edison to buy retail centres anchored by grocery stores across the US.
2 min read · 18 January 2013
The San Francisco-based real estate investment firm is putting two of its core office properties – one of which serves as DreamWorks Animation's northern California campus – up for sale.
2 min read · 18 January 2013
A venture between Square Mile, Invesco and Canyon Capital is buying a portfolio of 32 loans from Bank of America at a discount of 20 to 25 percent off the face value.
2 min read · 18 January 2013