The private equity firm was bidding alongside local operating partner Development Securities to develop at London’s Shell Centre in a £300m deal, but another consortium involving Canary Wharf Group backed by Qatar are now reportedly favourites.
1 min read · 18 January 2013
The Greenwich, Connecticut-based private equity real estate firm has invested $150 million in the logistics arm of Brazilian developer MRV Engenharia. The transaction represents the firm’s first major investment in Brazil since opening an acquisitions office there last year.
2 min read · 18 January 2013
The Leeds-based real estate firm, led by entrepreneur Kevin McCabe, is to invest Chinese capital in the UK real estate market via a joint venture formed with Hong Kong-based Wyndham Advisors.
1 min read · 18 January 2013
A critical two month countdown has begun for the funds industry to study and respond to detailed AIFM proposals released by EU regulators last week. The industry’s lobbying efforts appear to have borne fruit, but concerns remain.
3 min read · 18 January 2013
Four additional appointments for private equity real estate firm Corestate Capital, including former professionals of Oppenheimer, Morgan Stanley, JER and Hudson Advisors.
1 min read · 18 January 2013
The former Lazard director has joined the Los Angeles-based investment bank's New York office to serve as managing director of its newly formed real estate strategic advisory group.
2 min read · 18 January 2013
Anglo Irish Bank wants to offload its roughly $10 billion portfolio of US property loans in one fell swoop. Given private equity real estate’s finest are arranging themselves into bidding consortiums, the omens look good that its wish will be granted.
4 min read · 18 January 2013
The Chicago-based private equity real estate firm has teamed up with a Kansas City-based developer and operator of assisted-living and memory care communities to own and recapitalise six properties in the Midwest for $62 million.
2 min read · 18 January 2013
Chicago-based LaSalle Investment Management is buying Australia’s Trinity Funds Management, boosting assets in the country by $690m to $1.8bn.
2 min read · 18 January 2013
The Europe- and Asia-focused fund of funds group keeps with its niche investment strategy by committing to two Japanese real estate fund managers with narrow focuses.
2 min read · 18 January 2013
