The move by Dallas-based firm Invesco comes hot on the heels of hotel specialist Azure Properties which said it was in discussions with major private equity groups and commercial real estate funds on a joint venture to acquire up €1.1bn of hospitality assets
2 min read · 24 January 2013
Philip Alfieri has left Infrastructure Management Group to help Franklin Templeton select fund managers specialising in transportation, agriculture, water, energy and timber investments.
2 min read · 24 January 2013
The buyout firm, which took the Japanese bank private in 2008, is reportedly looking for an additional investor to come on board. The capital could be used to ease debt repayments, sources told Reuters.
2 min read · 24 January 2013
Eddie Izzard, patron of the Marathon of Marathons, explains how to keep on running through the pain. After his extraordinary 43 Marathons in 51 days, he should know better than anyone.
3 min read · 24 January 2013
London- and Paris-based AEW Europe is planning a €250m-€300m value-added residential investment programme over the next 12 to 18 months in Berlin via a joint venture with Caleus Capital Investors.
1 min read · 24 January 2013
The German insurer, which is aiming to increase global real estate investment from €17bn to €30 billion over the next few years, blames ‘lack of market’ for hampering efforts to reach its targets quickly.
2 min read · 24 January 2013
The only European real estate fund ING has launched this year, its €750m shopping centre vehicle, should hold a first close in the next three months, PERE learned at this year’s EXPO Real conference in Munich.
2 min read · 24 January 2013
The special servicer representing senior lenders to the New York residential complex are reportedly in talks with Pershing Square and Wintrop Realty over buying $300m of mezzanine debt.
2 min read · 24 January 2013
The Washington State Investment Board has approved commitments to GTCR’s tenth fund, targeting $3bn, and Southern Cross’ fourth Latin America fund, which closed last month on $1.68bn.
2 min read · 24 January 2013
Morgan Stanley Real Estate Investing has teamed up with German retail real estate investment and development firm Redos Real Estate to ‘invest several hundred million Euros’ in retail properties in Germany. The partnership, MSREI’s second struck this year in Europe, has started with the €150 million purchase of a 23-asset strong portfolio.
2 min read · 24 January 2013