The Government of Singapore Investment Corporation (GIC) is reportedly considering listing part of its property assets in an initial public offering valued at up to $1bn.
1 min read · 24 January 2013
The $200bn fund has completed its purchase of landmark building, the Sony Center, on Berlin’s famous Potsdamer Platz road, from Morgan Stanley Real Estate Investing.
1 min read · 24 January 2013
The New York-based firm has started to invest MSREF VII Global –primarily targeting the US, Western Europe and Japan – after allowing LPs to reduce commitments to the new fund. In an exclusive interview with PERE, the firm said: ‘There is a real chance to make a lot of money for our investors’.
3 min read · 24 January 2013
The Chicago-based real estate firm has hired Jim Evans as chief investment officer, following the departure of Ross Satterwhite, who left to pursue other interests.
2 min read · 24 January 2013
UK watchdog OFT is launching the first ever ‘stock take’ on the nation’s infrastructure
2 min read · 24 January 2013
Lehman Brothers Holdings has reportedly won court approval to restructure the debt load of apartment complex owner Archstone Smith. Lehman, which acquired Archstone with Tishman Speyer for $22bn in a 2007 take-private, had already restructured $485m of Archstone’s debt last March to ease the apartment owner’s liquidity problems.
2 min read · 24 January 2013
Placement agent Alfred Villalobos has accused California’s attorney general of trying to ‘deprive’ him of the means to support himself and prepare a defense.
2 min read · 24 January 2013
Littlejohn’s fourth fund, which is targeting $1.3bn, invests in mid-market firms that are underperforming or financially distressed.
1 min read · 24 January 2013
OFI REIM, a real estate investment manager focused on office buildings and the Paris region has teamed up with the UK’s F&C REIT, to raise nearly €100m for their second fund together
1 min read · 24 January 2013
With a wave of commercial real estate debt restructurings building, real estate veterans warn first time investors to be prepared for a steep learning curve and the impact of massive fees on returns.
2 min read · 24 January 2013
