The Australian division of ING Real Estate Investment Management has continued its wind-down with the offload of its ASX-listed ING Office Fund.
2 min read · 18 January 2013
The New York-based firm partnered with parent and developer Mitsubishi Estate to acquire 1101 K Street NW from JBG and Rockwood. Mitsubishi also reportedly acquired two offices and a hotel in Tokyo from Lone Star.
1 min read · 18 January 2013
Jeffrey Lefleur, executive director, is promoted to managing director following €155m sale and leaseback in the Netherlands.
1 min read · 18 January 2013
Alok Gaur, formerly of Credit Suisse Real Estate Private Funds Group and more recently Greenhill & Co, has joined Carlyle in its Washington D.C. headquarters, focussed on investor relations in global real estate.
2 min read · 18 January 2013
A week after Japan’s ‘big one’ finally arrived, the human catastrophe is as yet unmeasured. Still, in the long term, international investors should not turn their backs on the country.
3 min read · 18 January 2013
The Swiss investor has closed Partners Group Global Infrastructure 2009 with commitments from pensions, insurers and endowments, among others. The vehicle already counts 17 investments in its portfolio.
2 min read · 18 January 2013
Nine out of 10 office leases offer free rent concessions with the average concession an estimated 6.8 months, a PwC survey has revealed. It comes as the national cap rate for office properties drops to 7.4%, with cities such as New York falling to 6%.
2 min read · 18 January 2013
The Kuwait Investment Authority is reportedly launching a fund targeting local real estate markets.
1 min read · 18 January 2013
The Leon Black-led firm has $10bn of dry powder for private equity investments and has spent about half of its $14.7bn seventh fund, which closed in 2008.
3 min read · 18 January 2013
The global bank has signed up to buy three retail malls in China with British supermarket chain Tesco and Singapore-listed Metro Holdings.
2 min read · 18 January 2013
