The property management arm of British insurer L&G has revealed it has snapped up more than 9 assets in the retail, office and industrial class.
1 min read · 21 January 2013
The $200bn pension’s senior portfolio manager for infrastructure has hired two additional portfolio managers under him, Christine Yokan and Todd Lapenna.
2 min read · 21 January 2013
The Swiss banking giant has bought four offices totalling $262m for its Credit Suisse Real Estate Fund International. The properties are located in Leeds and Bristol in the UK and Boston and Washington DC in the US.
1 min read · 21 January 2013
At its CFO Conference in Paris, INREV said there are a considerable number of new fund launches and existing fund investment opportunities in due diligence.
2 min read · 21 January 2013
Jacqueline Brady, Margaret Blakely, Brent Morris and five others have joined Urdang as part of the firm’s push into real estate debt. The team will help advise two multi-billion dollar Capmark funds.
1 min read · 21 January 2013
Four investors, including Danish pension fund PenSam, committed more than €100m to Sparinvest Property Fund II. The fund will target UK property funds first.
1 min read · 21 January 2013
The struggling Central European property firm, Orco Property Group, has reportedly hired UBS bank to help find potential new investors. Colony is still in talks to acquire a stake in the group after Orco filed for bankruptcy protection.
2 min read · 21 January 2013
The US buyout giant TPG has completed the purchase of a 34.5% stake in Lenta with Russian banking partner, VTB. The deal has been announced a fortnight after Russian president Vladimir Putin encouraged foreign firms to look to the country for investments.
2 min read · 21 January 2013
Private equity firms including Blackstone, Fortress and AREA are reportedly lining up takeover approaches for Minerva, a London-focused development firm.
1 min read · 21 January 2013
The private equity and real estate firm has fallen short of its target, but raised 35% more than Fund II.
2 min read · 21 January 2013
