The New York-based company said it had raised $628m for its Real Estate Opportunity Fund II, exceeding its original target of $500m.
1 min read · 18 January 2013
The London-listed property services firm has selected UGL as preferred bidder to buy the embattled company. If a deal happens it would create the third largest property services firm globally.
2 min read · 18 January 2013
The New York-based firm has purchased 1776 Eye Street to augment its New York and DC office portfolio. The property's asking price reportedly was $140 million.
2 min read · 18 January 2013
The Morristown, New Jersey-based real estate fund manager is seeking $500 million for a value-added vehicle to target office properties in New York, Boston and Washington DC.
1 min read · 18 January 2013
On behalf of its retail property fund, the London-based global asset management firm has purchased a shopping centre in a suburb of Paris and a retail centre in Germany for a total of €100 million.
2 min read · 18 January 2013
The Madrid-based firm Drago Capital and an unnamed North American institutional investor have bought Royal Bank of Scotland’s 50 percent interest in three buildings that Drago helped acquire in July 2008.
1 min read · 18 January 2013
International private equity real estate firms operating in China are today seeing better deals as liquidity tightens in the country, but they need capital if they’re to take advantage.
3 min read · 18 January 2013
The European and Asian firm is targeting €600 million for its MGPA Europe Fund IV. Investors so far have been limited partners in its previous fund, MGPA Europe III, which closed on €842 million in 2008.
1 min read · 18 January 2013
Major corporate pension fund invests with Pramerica for a UK ground rent strategy amid ‘growing trend’ of investors moving away from traditional products, such as index-linked gilts and corporate bonds.
1 min read · 18 January 2013
US tax authorities have significantly reduced the risk of sovereign wealth funds losing their tax-exempt status should certain trading restrictions be breached.
2 min read · 18 January 2013
