The Los Angeles-based private equity real estate manager paid $54.7m in cash for the 415-unit apartment building in Denver – $20m less than RREEF paid in 2005.
1 min read · 21 January 2013
Seven of the 10 most active real estate markets in the world in the past year were found in China, led by Beijing and Shanghai. The three most active global buyers were all Chinese development companies.
2 min read · 21 January 2013
The London-based alternative asset management firm has completed a first close for the vehicle which will invest in debt as well as originate new loans.
1 min read · 21 January 2013
Invista Real Estate Investment Management has secured a US institutional investor as cornerstone to its Big Organge Self Storage Fund which operates in Hong Kong and Singapore.
1 min read · 21 January 2013
Private equity interest in the Silverburn mall comes to nothing as nationalised Lloyds Banking Group sells a shopping centre to European real estate investor Hammerson and Canadian pension, CPPIB.
2 min read · 21 January 2013
The Indian firm has now raised a total of $350m for its third fund from domestic investors.
2 min read · 21 January 2013
The two firms have sold a retail property following a rent review earlier in the year. They say the price achieved was above the price tag
1 min read · 21 January 2013
Many large institutional investors will look to separate accounts, rather than commingled funds in 2010. That decision could not only be short-sighted, but also leave them tied to second-tier managers. By Zoe Hughes
3 min read · 21 January 2013
Thayer will buy $307m for Interstate Hotels & Resorts in a 50-50 partnership with Shanghai Jin Jiang International Hotels. IHR shareholders have yet to vote on the plans.
2 min read · 21 January 2013
Industry participants are raising red flags over the pension giant's decision to sponsor legislation that would require placement agents to register as lobbyists and ban success fees.
3 min read · 21 January 2013
