Through a joint venture with a local real estate developer, the New York-based real estate investment manager has purchased a downtown Seattle office building for $137 million.
2 min read · 17 January 2013
The San Francisco-based firm, which once raised the largest-ever real estate secondaries fund, has ceased efforts to market its fifth vehicle as it considers options for a shift in strategy.
2 min read · 17 January 2013
In agreeing to the purchase of the Novotel Nathan Road in Kowloon for HK$2.37 billion, a joint venture between Hong Kong firms Gaw Capital Partners and CSI Properties is thought to have lined up the biggest single-asset hotel deal in Hong Kong in more than a decade.
2 min read · 17 January 2013
Ulrich Oppermann, formerly of UBS Global Asset Management, will be responsible for all transactions in Germany at the global real estate investment management firm.
1 min read · 17 January 2013
The New York-based private real estate investment firm, led by former Blackstone Real Estate Advisors chief executive John Kukral, has set up shop in Los Angeles as it pursues more investments on the West Coast.
2 min read · 17 January 2013
AG Realty Fund VIII and AG Core Plus Realty Fund III have closed on $1.27 billion and $1 billion, respectively.
2 min read · 17 January 2013
Over the next decade, China’s real GDP growth is predicted to be half its 10 percent average of the last decade, stoking debate among attendees at the PERE Summit: Asia in Hong Kong. PERE magazine, April 2012 issue
2 min read · 17 January 2013
With $4.6 trillion between them, the world’s billionaires are bigger than the entire hedge fund industry put together, but ultra high-net-worths and family offices are probably never going to be hugely important to fund sponsors.
3 min read · 17 January 2013
The latest European investment report from the London-based real estate services firm suggested that foreign investors are eager to go into core and opportunistic funds, but tend to ignore the middle ground.
2 min read · 17 January 2013
The European Commission has revised its conditions imposed on Germany’s Commerzbank with regard to its property lending unit Eurohypo. Instead of selling off the subsidiary and its €67 billion loan book, the bank will now be wound down and its assets separated into three divisions.
3 min read · 17 January 2013
