The Chicago-based private equity real estate firm has opened the door to a series of Brazilian investments by participating in an initial R$192.5m investment into a shopping centre in Sao Paulo alongside Brazilian bank BTG Pactual and London-based Squarestone Brasil.
2 min read · 18 January 2013
New York-based Cerberus Capital Management says it sees opportunity in the region as it strikes its third significant Euro deal in the past five months.
2 min read · 18 January 2013
The $955m deal sees TPG and Oaktree partner with former Intrawest founder Joe Houssain to acquire the US and Canadian operations of Taylor Wimpey for a 3.4% premium over its net assets.
2 min read · 18 January 2013
The San Francisco-based firm has officially closed its 10th vehicle exceeding its original target by roughly 20 percent.
2 min read · 18 January 2013
Morgan Stanley Real Estate Investing has acquired a US real estate loan book with a ‘principal balance’ of $196m with operating partner Kearny. The deal aligns with the firm’s strategy articulated to PERE in an interview last year.
2 min read · 18 January 2013
The New York-based private equity real estate firm has invested $172.3m of its equity into a portfolio of 15 retail and entertainment assets in and around New York. The deal comes just one month after it closed its fourth real estate fund on $510m.
2 min read · 18 January 2013
The alternatives division of HSBC Private Bank has recruited Caleb Mercer to its real estate fund management business as it seeks further prime assets.
1 min read · 18 January 2013
The two Swedish pension funds have committed €500m to the venture, which will be advised by Catella
2 min read · 18 January 2013
The Toronto-based manager has invested just 30% of its $5.5bn Real Estate Turnaround Consortium, committing $1.6bn into the GGP recapitalisation. Brookfield, which has another $3.1bn of infrastructure dry powder, is planning to launch seven funds in the next 18 months eyeing $4bn of public and private equity.
2 min read · 18 January 2013
CreXus has instead gone ahead with a $539m stock offering to help it pay for a portfolio of 30 property loans from Barclays Capital Real Estate. A deal would have seen the creation of a $2.5bn commercial mortgage REIT.
2 min read · 18 January 2013
