As part of its plan to buy €2.4 billion of stabilized industrial assets in Europe, a venture between the manager of Norway’s sovereign wealth fund and Prologis Europe has bought 11 distribution assets in the UK from LondonMetric Property.
1 min read · 28 August 2013
Pierre Cherki, head of alternatives and real assets at Deutsche Bank Asset & Wealth Management, said the bank is looking at a number of higher-yielding strategies given the ‘significantly higher interest’ among investors since the beginning of the year.
2 min read · 28 August 2013
The head of research and strategy at JPMorgan, Joe Valente, illustrated for PERE’s audience how large institutional investors’ rigid investment criteria actually was leaving core-like real estate in Europe’s major markets to be picked off by opportunistic investors.
2 min read · 28 August 2013
Lee Neibart of AREA Property Partners talks with PERE about becoming part of Ares Management.
4 min read · 28 August 2013
The real estate investment arm of the Caisse de dépôt et placement du Québec has purchased the Wells Fargo Center in Seattle’s financial district as part of its partnership with Callahan Capital Properties.
1 min read · 28 August 2013
After hearing how Google was thinking about its real estate needs, panelists on the first day of PERE’s annual European conference emphasized the importance of wrapping their strategies around competitive occupiers, following strong labor pools and identifying industry clusters.
2 min read · 28 August 2013
The New York investment bank, along with a Dubai-based investment firm, are selling a 40 percent stake in 767 Fifth Avenue in a deal that eclipses Carlyle’s recent sale of 650 Madison.
1 min read · 28 August 2013
The real estate arm of the Queensland government-owned investment firm has bought a 49 percent stake in a portfolio of eight US malls currently owned by Forest City.
2 min read · 28 August 2013
Brendan McDonagh, chief executive officer of Ireland’s National Asset Management Agency, told delegates at PERE’s annual European event in London today the state organization was keen to strike more deals with private equity real estate firms and harbors ambitions to be more innovative in the types of deals it agrees.
3 min read · 28 August 2013
Rockbridge Partners, a new Dallas-based venture started by Travis Furr and John Turner, will pursue middle-market real estate investments in the US.
1 min read · 28 August 2013
