The New York-based real estate firm, which was originally targeting investments primarily in Latin America, is now targeting the US. The firm is also raising an agribusiness vehicle targeting agricultural land in Argentina, Brazil, Colombia and Uruguay.
1 min read · 21 January 2013
The Washington DC-based firm has replaced a rehab loan with 75% loan-to-cost financing to provide funds while stabilising the office building at 1110 Vermont Avenue.
1 min read · 21 January 2013
The European private equity real estate manager has also acquired a second property from Banco Santander, which is liquidating its open-ended vehicle, Banif Inmobiliario.
1 min read · 21 January 2013
The Lysander consortium, which includes Citi, Vancouver Airport Services and John Hancock Life Insurance, has been eliminated from the race to acquire London’s second airport after submitting a 'significantly undervalued' bid.
2 min read · 21 January 2013
New York Attorney General Andrew Cuomo has reached a resolution with The Carlyle Group which has seen the firm pledge to avoid hiring placement agents to obtain investments from New York’s public pensions. Carlyle has also agreed to pay $20m to ‘resolve its role’ in the investigation.
3 min read · 21 January 2013
The vehicle, called the Devonshire UK Opportunities Fund, is hoping to coral £300 million of equity commitments from institutions and high net worth individuals.
1 min read · 21 January 2013
Having announced an investment of over €130 million in eight warehouses in continental Europe earlier this week, the Paris-based firm has continued its logistics drive with the further announcement of a purchase of four warehouses from London-listed Brixton.
2 min read · 21 January 2013
The European firm has bought the Forum Steglitz in Berlin for €70 million. The firm has acquired it from UK public listed company Hammerson.
1 min read · 21 January 2013
The bank has raised CHF300m for its dedicated green property fund, which will be listed on the Swiss exchange by 2013. The fund will target real estate in Switzerland only.
1 min read · 21 January 2013
Julio Ramirez, who left Blackstone-affiliated placement agent Park Hill in March, has reportedly pleaded guilty to securities fraud. The allegations stem from the time Ramirez was employed by Wetherly Capital, prior to joining Park Hill; Blackstone says its internal investigation revealed no misconduct at Park Hill.
2 min read · 21 January 2013
