The San Diego, California-based private equity real estate firm is continuing on its self-storage buying binge, picking up 1,130 storage units in a suburb of Dallas, Texas.
1 min read · 22 January 2013
Confronting an increasingly overweighted private equity portfolio, CalPERS has made $700m in commitments to real estate funds and almost $1bn to four private equity funds.
2 min read · 22 January 2013
The Beverly, Massachusetts-based private equity real estate firm appoints a former hedge fund executive to help drive its institutional sales and capital-raising arm, Brookwood Securities Partners.
1 min read · 22 January 2013
Announcing plans to save the investment bank from collapse, Lehman Brothers will separate its balance-sheet real estate assets into a new public company, as well as sell a 55 percent stake in an investment management unit that includes Lehman Brothers Merchant Banking and Lehman Brothers Real Estate.
3 min read · 22 January 2013
A director at Guy Hands’ private equity firm Terra Firma is quitting his post to become managing director of W P Carey’s London office. Tom Quigley will be tasked with generating deals in Europe.
1 min read · 22 January 2013
The addition of former Skanska Infrastructure Development chief Simon Hipperson comes as the firm continues to build its team amid a reported $10bn fundraising effort.
2 min read · 22 January 2013
Such is the interest in some parts of the Middle East and North Africa that an investor has already offered Global Investment House a quick turn on its recent deal.
1 min read · 22 January 2013
The £132.5m sale comes as the UK’s Competition Commission is threatening to force the Spanish infrastructure investor to sell three airports owned by British Airport Authority, which it acquired in 2006.
2 min read · 22 January 2013
The Singapore-based development and real estate investment firm has sold the 88-unit Somerset Orchard residences in a bid to ‘redeploy’ capital to global investment opportunities. It follows on the firm's sale last week of its interest in the Capital Tower Beijing office complex.
1 min read · 22 January 2013
The US department store, which filed for Chapter 11 bankruptcy protection in July, has filed a lawsuit against its buyers, including funds controlled by Lubert-Adler, Cerberus Capital and Sun Capital, alleging the firms stripped it of its real estate assets in order to leverage the buyout.
2 min read · 22 January 2013
