Certain Central and Eastern European markets – Russia in particular – have seen an increase in levels of activity, while competition for prime assets in Western Europe remains ‘intense’, according to a report by CB Richard Ellis.
2 min read · 18 January 2013
The European arm of the real estate investment management and advisory business of Prudential Financial adds to its stable of European joint venture partners a residential specialist in Berlin. The partnership has already committed approximately €24m to the purchase of 13 residential blocks.
2 min read · 18 January 2013
Europa clocks up a deal for its Europa Emerging Europe fund and Europa Capital III investing about €100 million in the Mall of Sofia.
2 min read · 18 January 2013
The private equity real estate arm of the Los Angeles-based firm has formed a joint venture with the Birmingham, Alabama-based student housing developer to build three student housing properties in New Hampshire, Texas and Georgia.
2 min read · 18 January 2013
Jeffrey Dishner, senior managing director and head of real estate acquisitions and debt investments at Starwood Capital Group, is relocating from the US to Europe as opportunities unfold in the region.
2 min read · 18 January 2013
MGPA leads investment club of Partners Group and an unnamed Canadian institutional investor in the purchase of an ‘iconic’ Copenhagen city centre department store.
2 min read · 18 January 2013
The largest county retirement system in the US has approved a $300 million allocation to three managers as part of a new real estate investment plan that is expected to increase its allocation to 9.6 percent.
2 min read · 18 January 2013
The Asia-focussed private equity firm with $5 billion of assets under management has followed up its hire of a real estate head with an ex-Pramerica Real Estate Investors investment professional.
1 min read · 18 January 2013
The Los Angeles-based alternative asset manager has purchased the investment business of the Chicago-based debt provider, with the intention of expanding further into commercial real estate lending. Consequently, Ares has formalized its real estate efforts by creating a dedicated team.
2 min read · 18 January 2013
In its second quarter results, the New York-based asset manager reported that revenue growth in its real estate segment had sextupled, largely from increased management fees, and also revealed a second closing for its latest real estate fund.
3 min read · 18 January 2013
