The New York-based real estate sale firm has purchased 1.6 million square feet of self-storage properties in California, Illinois and Hawaii from A-American Self Storage for $86m.
2 min read · 18 January 2013
Hamburg-based ECE group has raised most of the equity for its first ever fund with a final close expected this summer. The Government of Singapore Investment Corporation is understood to be among investors in the prime shopping centre vehicle.
2 min read · 18 January 2013
The break-up of ING continues with as the Dutch group sells out of its Australian property funds management business. Yesterday it completed the sale of its global securities business.
2 min read · 18 January 2013
The real estate arm of Aberdeen Asset Management is looking to Sweden as the first in a country-by-country series of funds investing in residential property.
2 min read · 18 January 2013
The Shanghai and Switzerland-based firm wants to access the 'China success story' by launching a fund focussed on investments in one of its major cites, Shanghai.
2 min read · 18 January 2013
Olivier de Poulpiquet, co-CEO and co-CIO of Morgan Stanley Real Estate Investing, is to relocate to Singapore as the firm plans to switch from net sellers of real estate in the region to become net buyers.
2 min read · 18 January 2013
The UK REIT is poised to make an uncharacteristically opportunistic foray by buying a portfolio of properties occupied by Virgin Active health clubs.
2 min read · 18 January 2013
The Canadian pension fund manager known as AIMCo, which looks after the Alberta Heritage Savings Trust Fund, wants to increase returns partly by investing outside its home territory, including the US and Europe.
2 min read · 18 January 2013
The Los Angeles-based real estate investment management firm has completed its purchase of ING Group’s global real estate securities business, ING Clarion Real Estate Securities. The deal forms part of its wider $940m acquisition of ING’s Real Estate Investment Management operations in Europe and Asia.
2 min read · 18 January 2013
The mandate, which entails providing due diligence, acquisition, and brokerage services mainly on Asian and European properties for the newly restructured Global Growth Trust and Global Income Trust, gives the private equity real estate firm a fresh capital source to execute deals.
3 min read · 18 January 2013