The firm, founded by a former head of real estate at Cerberus, is targeting distressed real estate and ‘special situations' in Germany.
1 min read · 18 January 2013
The state’s comptroller has appointed the fund’s current assistant controller of real estate, Marjorie Tsang, to serve in the position on an interim basis after the current CIO leaves on Thursday.
2 min read · 18 January 2013
The Washington DC-based real estate investment firm has entered into a pre-sale contract to acquire two local office buildings from the American Association of Medical Colleges at a significant discount. With the transaction expected to essentially wrap up the investment period for its second fund, PRP is eyeing its next fundraise.
2 min read · 18 January 2013
The Denmark-based manager won commitments from Danish institutional investors, including PKA, PenSam and Laerernes Pension, for its latest global fund of funds offering.
1 min read · 18 January 2013
The New York-based real estate developer and investment manager has raised $350 million for its third Brazil fund and a related feeder fund.
2 min read · 18 January 2013
The New York-based investment firm has launched a $125 million opportunistic vehicle targeting retail, commercial, residential and industrial properties in the South American nation.
2 min read · 18 January 2013
The German insurer, which is busy amassing a multi-billion real estate portfolio, has acquired Skyline Plaza, a shopping centre due to open in 2013.
1 min read · 18 January 2013
The Morristown, New Jersey-based real estate investment firm has held a final close on its eighth closed-end fund.
1 min read · 18 January 2013
Despite the poor stock performance of its private equity rivals, the time may be ripe for Carlyle to go public.
2 min read · 18 January 2013
Commerz Real, the real estate arm of Commerz Bank, said it had been left 'surprised' after German gas and electricity regulator said it was looking at plans to limit returns on investments in the sector by 100bps.
2 min read · 18 January 2013
