The New York firm has bought Greensborough Plaza, a large retail mall in Melbourne, for A$360 million. It was the first deal for its Asia fund, which held a first close just last month.
2 min read · 28 August 2013
Stockholm-based private equity real estate firm Andersson Real Estate Investment Management has earned fresh commitments from two more LPs to take its final capital tally for AREIM Fund II to €324 million at the final close.
1 min read · 28 August 2013
Why Terra Firma’s failure to IPO its German residential platform is not the end for the firm’s founder.
3 min read · 28 August 2013
Friends Life, a pension fund that manages £114 billion of assets has made a commitment of half a billion pounds to US-based Pramerica Investment Management to make senior commercial real estate loans in UK real estate.
2 min read · 28 August 2013
Morgan Stanley Real Estate Investing, the real estate investment management arm of the US bank, has agreed to sell Executive Offices Group to Queensgate Investments, the London-based company started by Jason Kow which announced last year it had £500 million of equity from family officers to deploy.
2 min read · 28 August 2013
The investment management business of UK insurer Aviva and its investment partners have called time on their investment in West End development PaddingtonCentral, selling the multi-building asset to London-listed REIT British Land.
2 min read · 28 August 2013
Finding the right partner – one you can trust – is a factor one cannot do without in real estate investment in China, delegates heard at the PERE Forum: China 2013 in Beijing.
3 min read · 28 August 2013
Cedric Dujardin joined on July 1 as director and head of real estate for France, filling the void left by Maximilien de Wailly, who left for Morgan Stanley Real Estate Investing last year.
2 min read · 28 August 2013
Private equity giant TPG Capital has placed real estate among its top three investment strategies. Kelvin Davis, who oversees the firm’s real estate activities, explains the mission in an abridged version of this month’s Blueprint interview in PERE magazine.
4 min read · 28 August 2013
Jonah Sonnenborn has left the New York-based private equity real estate firm and now will be in charge of making property investments on behalf of one of the world’s wealthiest billionaires.
2 min read · 28 August 2013
