The Houston-based firm has decided to opt out of buying the Constitution Center in Washington DC, which has resulted in CommonWealth Partners entering discussions to purchase the trophy office building for $750 million.
1 min read · 18 January 2013
A UK investment director from Kames Capital, formerly AEGON Asset Management UK, says that despite the risks involved, his firm is starting to see ‘attractively priced’ deals in the secondary property market.
3 min read · 18 January 2013
The Hong Kong-based private equity real estate platform has attracted $225m in equity commitments from institutional investors from the US, Europe and Asia including a cornerstone investment from Cleveland-based investment and advisory firm, The Townsend Group.
2 min read · 18 January 2013
Mesirow Financial's chief economist Diane Swonk at the PERE Forum in New York this week drew a parallel between the US market and two lines from Samuel Taylor Coleridge’s longest poem to describe how there is much capital, but no obvious place to invest in these uncertain times.
3 min read · 18 January 2013
A challenging fundraising environment is separating the “haves” from the “have nots” among fund managers, but capital raisers can still attract investors if they play their cards right, according to a group of panellists at the PERE Forum in New York.
3 min read · 18 January 2013
Europe’s largest state fund and the real estate investment arm of French insurance giant AXA have continued their investment joint venture, agreeing to the purchase of three Paris offices for €290 million.
2 min read · 18 January 2013
With the completion of CBRE Group’s takeover of ING REIM, the Los Angeles-based real estate investment management firm is poised to ramp up investment activities in targeted areas worldwide.
2 min read · 18 January 2013
The Canadian Pension Plan Investment Board said today its real estate assets now reflected 9.1% of its total C$152.3bn of assets.
2 min read · 18 January 2013
A trio of real estate executives at the PERE Forum: New York agreed that investment opportunities within the distressed real estate debt space are steadily increasing.
2 min read · 18 January 2013
In its second transaction with development firm VDP NV, the Europe-focused firm has increased its exposure to the Czech Republic using capital from its Curzon Capital Partners III fund.
2 min read · 18 January 2013
