The real estate investment management business of Deutsche Bank’s asset management division has agreed to the purchase of 20 Bridge Street in the Australian city on behalf of an Asian institutional client.
2 min read · 18 January 2013
The Los Angeles-based fund manager expects to hold a final close on its fund, which will invest in sale-leaseback opportunities, by the first half of 2012.
2 min read · 18 January 2013
The UK private equity real estate firm Brockton Capital has struck its first deal for a new joint venture with specialist retail property investment firm Pradera to acquire retail parks in the UK.
2 min read · 18 January 2013
The real estate equity investment arm of the US insurance group has committed more than $1.1 billion this year and is in the process of growing its portfolio by up to $3 billion over the next three years. It expects an even bigger expansion into direct investing in the US, particularly through co-investments and JVs.
3 min read · 18 January 2013
Paladin will continue to make Latin America a major focus in 2012, but it also is planning to ramp up investments in the US multifamily market in the coming year.
4 min read · 18 January 2013
In the same month as the real estate unit of Mumbai-based Kotak Investment Advisors closed on a high yielding debt fund for domestic investors, PERE has learned it is already planning to raise in the region of $350m for its next India-focused offshore vehicle.
2 min read · 18 January 2013
The Russia-focused manager said it had completed a deal to buy a 70 percent stake in a retail park in Tver to the northwest of Moscow for its Russia Development fund.
2 min read · 18 January 2013
The New York-based private equity giant will acquire a nine-loan portfolio, backed by US hotel, retail and office properties, from struggling German bank Eurohypo on behalf of the firm’s latest global real estate fund.
2 min read · 18 January 2013
Some improbable events took place in 2011. In our final newsletter of the year, we take a completely unscientific approach to weighing up the probability of certain other significant developments happening in 2012.
3 min read · 18 January 2013
The estate comprising the landmark Tower 42 skyscraper in London’s finance centre has been sold by joint owners BlackRock, on behalf of its UK Property Fund, and LaSalle Investment Management, to the Kirsh Group. The pair was looking for offers in excess of £290m.
2 min read · 18 January 2013
