The New York-based investment manager is seeking $400 million to target assets in New York and London for its latest opportunistic real estate vehicle.
1 min read · 17 January 2013
Hearthstone Investments has agreed to buy a portfolio of show homes from Britain’s biggest housebuilder, Barratt Developments, for its new UK Residential Property Fund. The firm’s chief executive says the fund will ‘fundamentally change’ the way the UK invests in residential property.
3 min read · 17 January 2013
The real estate investment management arm of Prudential Financial has won a competitive tender for a mandate to manage the UK retailer’s existing property investments and to grow it further.
1 min read · 17 January 2013
The acquisition of Verde Realty, a Houston-based real estate investment trust, is on track to be one of the first investments made by the Toronto-based alternative asset manager’s global real estate fund.
2 min read · 17 January 2013
Natixis Global Asset Management and its real estate investment management subsidiary AEW Europe have formed a platform to manage a series of senior debt sub-funds in Europe.
2 min read · 17 January 2013
The New Delhi-based private equity real estate firm is reportedly eying a third Indian real estate opportunity fund, having already invested half of the capital it raised for its second fund in January.
2 min read · 17 January 2013
Revetas Capital Advisors, the recently launched Central and Eastern Europe fund manager, has opened a new office in Budapest and hired its first regional director.
2 min read · 17 January 2013
The Maryland-based private real estate firm saw its latest investment vehicle oversubscribed, with commitments from limited partners such as the New York State Teachers’ Retirement System.
2 min read · 17 January 2013
The Canadian pension fund has struck a deal with UK-listed Goals Soccer Centres to buy the 44-centre operation in a deal valued at £73 million.
2 min read · 17 January 2013
Under its current guise, the Volcker rule could reach across US borders in preventing banks from sponsoring certain foreign private funds.
2 min read · 17 January 2013