The New York private equity giant is in talks with Morgan Stanley to take control of a portfolio of office properties that serves as collateral for previously-purchased mezzanine debt.
2 min read · 18 January 2013
The San Francisco-based firm has acquired two contiguous office buildings in San Francisco's new technology business district from RREEF for $77.5 million.
2 min read · 18 January 2013
PERE understands that neither the roles of chief financial officer Alex So nor head of client services Jeremy Hall will be replaced as the Deutsche Bank platform seeks to localise its headcount in the region.
2 min read · 18 January 2013
While relations between the governments of Britain and Germany might be frosty right now, PERE has been in Frankfurt playing its part to warm up property links.
3 min read · 18 January 2013
The joint venture has reached an agreement to sell One Court Square in Long Island City to David Werner and Joel Schrieiber.
2 min read · 18 January 2013
The $5.31 billion open-ended real estate fund plans to develop a 165-unit high-rise apartment building in New York City.
2 min read · 18 January 2013
The real estate division of UBS Global Asset Management won a tender for a multi-manager mandate from Germany’s Bayerische Versorgungskammer that has a wide range of investment possibilities.
1 min read · 18 January 2013
The New York-based firm, which is seeking $2 billion in equity commitments to target properties in gateway cities around the globe, already has received $200 million in commitments from two endowments.
2 min read · 18 January 2013
The New York-based firm has made early headway in its capital raising efforts for its second Japan-focused opportunity fund. The ¥100bn Fortress Japan Opportunity Domestic Fund II is expected to be used predominantly for investments in the country’s debt space with a view to taking controlling positions.
3 min read · 18 January 2013
As part of the integration of ING's real estate business into its own, CBRE Global Investors has appointed Maurice Voskuilen as global chief financial officer and chief administrative officer and Jeroen Tomesen as global head of human resources.
2 min read · 18 January 2013
