Graham Langlay-Smith, formerly of Credit Suisse’s private equity real estate business where he was responisble for European acquisitions and asset management, has joined London-based Wainbridge as chief financial officer.
1 min read · 18 January 2013
The two New York private equity real estate firms are vying to buy a US portfolio of 14 offices from the Sydney-based real estate fund manager’s Charter Hall Office REIT after its hedge fund investors reportedly pushed for a sale.
2 min read · 18 January 2013
The New York private equity giant is looking to sell 29 office buildings throughout Canada with a value of $921 million.
2 min read · 18 January 2013
Further news of consolidation within Europe’s property services sector emerged today as Jones Lang LaSalle said it had agreed a deal to buy rival King Sturge for £198m.
2 min read · 18 January 2013
The real estate investment arm of the insurance giant has opened a second office in Brazil as it looks to the country's residential, industrial, retail and office markets.
2 min read · 18 January 2013
The pension plan has sold a Georgia shopping center for $76.3 million as part of a plan to shed its direct real estate holdings in favour of commingled funds.
2 min read · 18 January 2013
The Denver-based hotel investor has purchased a 293-room resort for $115 million.
1 min read · 18 January 2013
AREA Property Partners and Delancey have prevailed in a bidding war between private equity real estate firms for London Stock Exchange developer Minerva. Should the bid materialise into a completed transaction, the partners will inherit a portfolio last valued at £1.2bn.
2 min read · 18 January 2013
The former CEO of General Growth Properties has joined the Texas private equity firm to help bolster its real estate business.
2 min read · 18 January 2013
Richard Price, CEO for Asia at ING Real Estate Investment Management, describes what the ongoing $1bn merger between ING REIM and CB Richard Ellis means for his Asia platform.
5 min read · 18 January 2013