The Chicago-based firm has teamed up with William Pears Group for the £131m purchase of a 4.5 acre site housing a mix of commercial and leisure properties.
1 min read · 24 January 2013
Manatt Phelps, which took a fee from an LA buyout firm for arranging a CalPERS meeting, has agreed to pay a fine and accepted a five-year ban on facilitating business with New York pension funds.
3 min read · 24 January 2013
Competition for core assets is pushing prices higher and cap rates down, however with little prospect for growth is the sector becoming increasingly risky?
2 min read · 24 January 2013
Danish fund of funds manager Sparinvest has halved the fundraising target for its second global vehicle, Sparinvest Property Fund II, to €250m. Bo Jensen, managing partner at the firm, says however, that the fund should hold a final closing in January.
2 min read · 24 January 2013
The day after Tishman Speyer co-founder Robert Tishman passed away, the firm's offices around the world close for the day as a mark of respect
2 min read · 24 January 2013
ING Clarion managing director Jeff Barclay will join Goldman Sachs Asset Management to lead a new core real estate arm.
2 min read · 24 January 2013
Despite more than $450bn of private equity sitting on the sidelines of the US real estate market, professionals have warned 12% to 15% will be ‘the new 25%”.
2 min read · 24 January 2013
The EU’s leading opponent to letting foreign private equity firms easily access Europe’s deep capital markets has softened its position.
2 min read · 24 January 2013
Peng Zhao has taken over at the Swiss firm's Beijing office, following the departure of former China head Linda Cai. Part of his mandate will be to up direct investments in the country.
2 min read · 24 January 2013
The company which describes itself as the largest listed real estate fund management group in the UK is unwinding its business after losing a major contract managing several funds
2 min read · 24 January 2013
