The firm co-founded by former Morgan Stanley Real Estate Investing executives Sonny Kalsi, John Carrafiell and Fred Schmidt in 2010 has raised $150m against a target of between $300m and $400m.
2 min read · 18 January 2013
London-based opportunity fund manager, Brockton Capital, has acquired The Mailbox in Birmingham, the UK’s largest mixed use building, for £127.1m for Brockton Capital Fund II.
1 min read · 18 January 2013
Colony Financial raised the equity through a secondary offering after fully investing the proceeds of its $284m IPO and a $55.7m private placement.
1 min read · 18 January 2013
The firm, a former affiliate of KKR that employs a hybrid real estate and private equity investment strategy, will be close to hitting its hard cap of $2bn by summer.
2 min read · 18 January 2013
Pramerica Real Estate Investors has acquired the majority interest in a large office building in Melbourne from Investa Property Group, the Australian fund manager owned by Morgan Stanley Real Estate Investing.
1 min read · 18 January 2013
Stephen Renna has been named chief executive officer of the Commercial Real Estate Finance Council after almost three years at the National Association of Real Estate Investment Managers.
2 min read · 18 January 2013
The sovereign wealth fund of Singapore has officially opened its first India office and has installed its real estate head, ex-RREEF executive Kishore Gotety, to run it.
2 min read · 18 January 2013
Altis Property Partners, an Australian real estate investment management business launched in 2008 by former ICA Property Group executives, has brought fundraising to a close on its debut fund. The firm has also brought the fund to 35 percent invested with the purchase of an industrial shed in Sydney.
2 min read · 18 January 2013
Bank continues managing out the ill-fated fund that was briefly the largest private equity real estate vehicle in the world when it closed on $8bn in 2007.
2 min read · 18 January 2013
CITIC Capital, the Hong Kong-based private equity and real estate firm is targeting a fundraise of $600m for its latest opportunity real estate fund after investing more than 70 percent of the capital of its predecessor.
2 min read · 18 January 2013
