London-based Mountgrange has teamed up with partners at residential specialist Pluto Capital for a fund aiming to supply £50m of mezzanine loans to help finance residential developments in London and the South East of England. The firm said that the vehicle was the first of its kind in the residential sector.
3 min read · 18 January 2013
Year end results show the Canada Pension Plan’s real estate portfolio increased in value to C$10.9 billion and returned 13.9 percent in a year described by president and CEO David Denison as an ‘excellent performance year’.
2 min read · 18 January 2013
Former Prudential Real Estate Investors executive Robert Bilse has been appointed vice president of Brookfield’s private funds group, based in New York, supporting capital raising and marketing activities.
2 min read · 18 January 2013
The two equity partners have formed a new ownership structure with debt holders SL Green and Vornado to reposition the property at 280 Park Avenue.
2 min read · 18 January 2013
The opportunity fund manager Orion Capital Managers has agreed to buy a 50 percent stake in a 2.2m square foot shopping centre in Zaragoza, Spain.
2 min read · 18 January 2013
The dark horse firm from New Jersey outbids PCCP for control of Capmark's $1.1bn debt fund.
1 min read · 18 January 2013
The property developer has hired former Merrill Lynch managing director Duncan Taylor to build a fund management platform in Australia, where Lend Lease recently acquired Bilfinger Berger’s Australian business and has teamed up with a group of former Babcock & Brown pros to source deals.
3 min read · 18 January 2013
The real estate investment firm founded by former Land Securities senior executive Mike Hussey has made its second London office tower acquisition in a month.
1 min read · 18 January 2013
French insurer says it is a ‘long term believer’ in the Japanese economy as it reveals an AXA Group insurance company in the country has committed to its loan origination vehicle.
3 min read · 18 January 2013
Brookfield's success with its Real Estate Turnaround Consortium has given the Toronto-based firm the confidence to target $4 billion for its new global opportunity fund.
3 min read · 18 January 2013
