The New York-based firm, which is seeking $2 billion in equity commitments to target properties in gateway cities around the globe, already has received $200 million in commitments from two endowments.
2 min read · 18 January 2013
The New York-based firm has made early headway in its capital raising efforts for its second Japan-focused opportunity fund. The ¥100bn Fortress Japan Opportunity Domestic Fund II is expected to be used predominantly for investments in the country’s debt space with a view to taking controlling positions.
3 min read · 18 January 2013
As part of the integration of ING's real estate business into its own, CBRE Global Investors has appointed Maurice Voskuilen as global chief financial officer and chief administrative officer and Jeroen Tomesen as global head of human resources.
2 min read · 18 January 2013
India-focussed private equity and real estate firm Everstone Capital Advisors reportedly has plans for a second industrial real estate fund targeting $350m.
1 min read · 18 January 2013
The Hong Kong-based private equity real estate platform has attracted $225m in equity commitments from institutional investors from the US, Europe and Asia including a cornerstone investment from Cleveland-based investment and advisory firm, The Townsend Group.
2 min read · 18 January 2013
With the completion of CBRE Group’s takeover of ING REIM, the Los Angeles-based real estate investment management firm is poised to ramp up investment activities in targeted areas worldwide.
2 min read · 18 January 2013
The New York-based company said it had raised $628m for its Real Estate Opportunity Fund II, exceeding its original target of $500m.
1 min read · 18 January 2013
The London-listed property services firm has selected UGL as preferred bidder to buy the embattled company. If a deal happens it would create the third largest property services firm globally.
2 min read · 18 January 2013
Global financial services firm State Street says fund managers in Europe increasingly are looking to outsource functions in the face of incoming resource-intensive EU regulation.
3 min read · 18 January 2013
The Morristown, New Jersey-based real estate fund manager is seeking $500 million for a value-added vehicle to target office properties in New York, Boston and Washington DC.
1 min read · 18 January 2013
