Florida Governor Rick Scott has backed calls to replace the state’s defined benefit pension scheme with a defined contribution plan. This latest example in the global switch to DC pensions is raising questions over whether there will even be a next generation of private equity real estate LPs.
3 min read · 18 January 2013
As the UK’s financial sector regains its health, demand for office space in Central London is expected to soar with an extra 1.6m sq. ft. needed over the next three years.
2 min read · 18 January 2013
Ireland’s National Asset Management Agency reportedly has been taken control of a number of assets belonging to Irish property entrepreneur Derek Quinlan and his family.
1 min read · 18 January 2013
The international property investment group is looking to enter the market this summer with an international property fund targeting between $300m and $500m of equity from third party investors.
2 min read · 18 January 2013
The US private equity firm will make its fourth Indian investment in the past 12 months in NDR Group, one of the largest warehouse providers in India.
1 min read · 18 January 2013
Ex-KKR affiliate KSL Capital Partners has announced the purchase of an historic hotel on Miami’s South Beach area. The announcement comes one week after it emerged the leisure-focused firm had raised $1.5 billion for its third opportunity investment fund.
2 min read · 18 January 2013
The London-based international real estate property investment group is set on opening an office in Stockholm, Sweden, which would be its first in the Nordic region.
2 min read · 18 January 2013
News surfaces for the second time this week of a debt acquisition by the New York-based private equity and real estate giant. The firm’s joint purchase of the debt behind 45 hotels was revealed yesterday.
2 min read · 18 January 2013
The Dutch pension and the Australian property company have teamed up for a €1.2 billion bid to take over Europe’s largest owner of distribution facilities.
3 min read · 18 January 2013
Savills Liberty Street Asset Management will manage third-party debt and equity investments across North America.
2 min read · 18 January 2013
