The combination of more modest returns, a rise in the number of sellers and general profit-taking is leading to reductions in premiums being paid for secondary trades in UK property vehicles.
3 min read · 22 January 2013
The hospitality company owned by sports magnate Sheila Johnson has ventured into golf course real estate with the acquisition of the Innisbrook resort from Golf Trust of America, a links REIT liquidating its portfolio.
2 min read · 22 January 2013
Denver industrial REIT ProLogis has created a special real estate fund to acquire the assets from a joint venture set up by the California State Teachers Retirement System and Nevada developer Dermody Properties.
2 min read · 22 January 2013
The Quebec pension giant is paying a 20 percent premium for Legacy Hotels, Canada’s largest hospitality REIT.
2 min read · 22 January 2013
The London Stock Exchange is looking to attract alternative asset managers including real estate managers hoping to raise funds on the public markets, with the launch of a new market specifically designed for alternative investment fund listings.
2 min read · 22 January 2013
The London-based global asset manager has been encouraged by the speed with which it has committed equity out of its Continental European Fund I.
1 min read · 22 January 2013
Westport has invested in assisted- and independent-living units throughout the Northeast US.
2 min read · 22 January 2013
The private equity arm of US-based REIT Inland Real Estate has acquired a $125m stake in Cobalt Capital Partners’ latest industrial property vehicle.
1 min read · 22 January 2013
The Paris-based institutional property manager and its London affiliate Curzon Global Partners have held the third closing for PBW II but will have a final close in September to allow another €30 million of subscriptions.
1 min read · 22 January 2013
The Carlyle Group is paying $5bn for an Ohio-based healthcare services provider—and picking up more than 500 nursing facilities in the process.
1 min read · 22 January 2013
