Although Shorenstein Properties and Lowe Enterprises have dipped their toes in the distressed waters since 2009, the firms are focusing more on value-added opportunities now that recovery is on the horizon.
2 min read · 17 January 2013
The senior principals of the placement agent have signed a separation agreement bringing the firm’s operations to a halt at the end of June ahead of launching separate businesses.
2 min read · 17 January 2013
The firm's plans to focus on country-specific core funds in Asia going forward have led to it agreeing to sever ties with the Asia Property Fund. LaSalle launched the fund in 2007 alongside Prudential’s PRUPIM with an initial $600m of assets.
2 min read · 17 January 2013
The Hong Kong-based private equity real estate firm and its joint venture partner SOCAM Development have put RMB260m to work acquiring a 1m sq ft development site in Wuqing, Tianjin.
2 min read · 17 January 2013
After canvassing views from prospective investors, the Hong Kong-based firm has launched a China-focused vehicle similar to traditional private equity real estate funds, but allowing for a strategic review half-way through its investment period.
3 min read · 17 January 2013
The $80.4 billion pension plan has approved equity commitments to Principal Enterprise Capital and Aevitas Property Partners to help expand its investments in private real estate operating companies.
2 min read · 17 January 2013
Peakside Capital’s €261m European real estate opportunity fund, inherited as part of its spin out from Bank of America Merrill Lynch Global Principal Investments, is closer to being fully invested following the acquisition of the German headquarters building of chemical group Solvay.
2 min read · 17 January 2013
Increased construction, a growing economy and the impending closing of two funds focused on investments in Turkey point to a possible increased investor appetite within the market. However, it still has a long way to go before being the next Brazil.
3 min read · 17 January 2013
The Greenwich, Connecticut-based private equity real estate firm has established a presence in Australia via the acquisition of a real estate funds platform and the hire of a team.
2 min read · 17 January 2013
Robin Hubbard, formerly an executive director with fundraising responsibility at real estate giant CBRE, has joined InfraRed Capital’s investor relations team to focus on real estate and infrastructure.
2 min read · 17 January 2013