What KKR’s hiring of a global real estate leader in New York says about real estate.
3 min read · 18 January 2013
The private equity firm has raised £50m from institutional investors for the IPO of Duet Real Estate Finance Limited as well as a further £25m for its existing private vehicle.
1 min read · 18 January 2013
The California and London-based private equity and real estate firm is expected to say tomorrow it has bought €214m face value of residential mortgages backed by assets in the Netherlands.
1 min read · 18 January 2013
The 28-property Highland Hospitality portfolio was purchased for $1.28bn by US REIT Ashford Hospitality Trust and Prudential Real Estate Investors. Around $200m of equity from JER was wiped out in the deal.
2 min read · 18 January 2013
England-based firm raises $200m for a private equity and property fund, half of which will target opportunities outside the UK,
2 min read · 18 January 2013
The Philadelphia-based arm of the London investment firm is targeting between $250m and $500m for a multifamily development vehicle, the Grosvenor US Multifamily Fund. Meanwhile, Sares-Regis eyes $200m for multifamily acquisition.
3 min read · 18 January 2013
The $25.5bn US pension has invested in BPG's latest value-added vehicle, targeting $250m. The Pennsylvania pension saw its real estate portfolio return 2.3% in 2010, and 4.5% in the fourth quarter.
2 min read · 18 January 2013
A new report based on ULI research suggests both European core and opportunity funds have not performed as well as promised.
4 min read · 18 January 2013
The direct asset management arm of NAB has acquired a 35% non-controlling interest in the New York private equity real estate firm as AREA looks to expand its institutional base and fund operations.
2 min read · 18 January 2013
The Boston-based private equity real estate firm was expected to launch Rockpoint Real Estate Fund IV in the first quarter targeting a similar amount to its predecessor, Fund III, which closed on $2.5bn in 2007.
2 min read · 18 January 2013
