The Switzerland-based private equity real estate firm has purchased a residential and commercial portfolio comprising 40 properties and more than 2,000 apartments.
1 min read · 24 January 2013
The Paris-based firm has launched a new US distribution platform and appointed Elizabeth Behnke as head of US sales.
2 min read · 24 January 2013
The two firms have sold a 589,000-square-foot, US government-leased, office in Washington DC’s NoMa area to Northwestern Mutual. The building was part of StonebridgeCarras and Walton Street’s 2.5-million-square-foot mixed use development of Constitution Square.
2 min read · 24 January 2013
Four months after first starting foreclosure proceedings against Tishman Speyer and BlackRock Realty, CWCapital was yesterday given the green light to auction the sprawling Manhattan residential complex.
2 min read · 24 January 2013
A panel at PEI Media’s compliance forum this week talked about the tough fundraising environment, placement agents and the effects forced registration would have on marketing new funds.
2 min read · 24 January 2013
The BMB Group, the Islamic advisory firm which counts the Sultan of Brunei’s family among its clients, has teamed up with Alliance Capital Partners to form BMB Alliance, a pan-European commercial and residential real estate investment firm. The partnership comes just weeks before BMB plans to announce the first of a series of new real estate funds.
2 min read · 24 January 2013
The debut green property fund has made one final acquisition having launched the vehicle in 2008
1 min read · 24 January 2013
The Pennsylvania State Employees' Retirement System reports returns of -29.3% for its 60 real estate portfolio investments during 2009, a period when it also paid $28.5m in management and consultant fees.
2 min read · 24 January 2013
Mark Gabbay has been appointed Asia Pacific chief investment officer after the firm spent one year searching for an addition to the existing senior team. He will report to Asia Pacific CEO Jack Chandler.
2 min read · 24 January 2013
Brookfield Asset Management CEO Bruce Flatt told delegates at the PERE Forum: Europe in London that the Toronto-based company would likely follow up its $5.5bn investment club with a return to traditional fundraising.
2 min read · 24 January 2013
