The Paris-based company said it was aiming for opportunistic-level returns from European Development Venture III, as it revealed equity commitments of €588.5m mainly from pensions funds and insurance companies.
2 min read · 17 January 2013
The San Francisco-based real estate firm has made its first acquisition on behalf of its tenth value-added fund.
2 min read · 17 January 2013
John Cahill, partner at Paul Hastings, talks to PERE about the recent spate of fund managers competing aggressively to offer investors participating in a first closing fee breaks.
3 min read · 17 January 2013
Long-serving executive Harin Thaker has resigned from his position as head of real estate international at Deutsche Pfandbriefbank concluding a two-decade tenure with the now-nationalised German bank.
3 min read · 17 January 2013
The New Jersey-based real estate investment manager plans to increase and expand its value-added real estate investments, targeting the apartment, office and retail sectors.
2 min read · 17 January 2013
The Greenwich, Connecticut-based firm, led by Barry Sternlicht, is targeting between $2 billion and $3 billion for Starwood Distressed Opportunity Fund IX and is offering management fee breaks for the first time in its history.
2 min read · 17 January 2013
After a two-day trial, Bank of America and Barclays have been given permission by US Bankruptcy Judge James Peck to move forward with the sale of half their shares in the Denver-based apartment REIT to Equity Residential.
2 min read · 17 January 2013
While private equity real estate firms always offered fee breaks to large investors willing to commit to first closes, it is becoming increasingly clear that competition in giving such incentives is heating up.
2 min read · 17 January 2013
The Houston-based developer and investment management firm has completed the purchase of an office building in London on behalf of an unnamed Asia investor.
2 min read · 17 January 2013
The European Association for Investors in Non-Listed Real Estate Vehicles has asked Jeff Rupp to drop his brief involving professional standards in favour of concentrating wholly on public affairs.
2 min read · 17 January 2013
