Though property sales are healthy in Japan, the balance sheets of many Japanese developers are not.
2 min read · 22 January 2013
The addition of Simon Samuels, head of Morgan Stanley’s UK real estate loan origination business, is one of two new hires at the London firm as it also reveals the acquisition of several London pubs and the sale of a West End office investment.
2 min read · 22 January 2013
Madrid-based infrastructure and real estate developer Accion is selling a 75 percent stake in its funeral services company, valuing the business at €330m.
1 min read · 22 January 2013
The New York firm has asked Trent Vichie of Macquarie Securities to lead Blackstone’s newly unveiled developed-infrastructure business. Vichie, an Australian national, was instrumental in the Chicago Skyway transaction, a landmark US toll road privatization.
2 min read · 22 January 2013
The joint venture between Goldman Sachs’ Whitehall funds and NorthStar Realty has closed on a loan portfolio from Wachovia Bank backed by almost 3,000 land lots. CEO Jeffrey Gault says real estate is a 'challenged marketplace.'
1 min read · 22 January 2013
The $23bn pension has left its young private equity program unchanged while bumping its real estate allocation from two percent to eight percent.
2 min read · 22 January 2013
Investors from outside Europe, including private equity real estate firms, could be affected by an amendment to Germany's Foreign Trade Act approved today. The ruling is aimed at sovereign wealth funds but lawyers say it complicates private equity-style investing.
2 min read · 22 January 2013
The international property investor is seeking to raise $350m for a US opportunity fund and more than $200m for a vehicle targeting both the US and Europe.
2 min read · 22 January 2013
Silver Capital and McCann Realty Partners have closed their second residential real estate fund, Silver-McCann Apartment Group II, with the vehicle’s final investment in Houston, Texas. The pair formed Silver-McCann Group three years ago to acquire apartment assets in the US.
2 min read · 22 January 2013
The New York firm has asked Macquarie Securities' Trent Vichie to lead its newly unveiled developed-infrastructure business. Vichie, an Australian national, was instrumental in the Chicago Skyway transaction, a landmark US toll road privatisation.
2 min read · 22 January 2013