The property subsidiary of Japanese powerhouse Mitsubishi Corporation has identified a need for gap financing in both refinancing and new transactions and aims to meet that need with its seventh fund.
1 min read · 18 January 2013
The European and Asian firm is targeting €600 million for its MGPA Europe Fund IV. Investors so far have been limited partners in its previous fund, MGPA Europe III, which closed on €842 million in 2008.
1 min read · 18 January 2013
Major corporate pension fund invests with Pramerica for a UK ground rent strategy amid ‘growing trend’ of investors moving away from traditional products, such as index-linked gilts and corporate bonds.
1 min read · 18 January 2013
The German-based company said it raised more than €200m ‘within a short space of time’ from institutional investors in order to buy the Silver Tower building in Frankfurt from Commerzbank.
2 min read · 18 January 2013
The Sao Paulo-based real estate investment management firm has reached its hard cap for its second real estate fund.
2 min read · 18 January 2013
Following its $4 billion first close in August, the New York-based alternative asset manager is said to be holding an additional close of up to $700 million this week on its latest global real estate fund.
2 min read · 18 January 2013
The Toronto and New York-based alternative asset manager has continued its expansion of its European team with the hire of the former Jones Lang LaSalle head of indirect investment.
2 min read · 18 January 2013
The transaction all but completes the global property services firm’s $1.2 billion takeover of the Dutch banking group’s real estate fund management business originally announced in February.
2 min read · 18 January 2013
The London-based real estate investment and fund management business has launched its first Australia-focused fund in the wake of a strategic review to evolve its business in the country from a direct investor to a fund manager.
2 min read · 18 January 2013
Accounting and consulting firm Ernst & Young has found that growing pressure from limited partners is leading to a shakeup in deal terms – particularly with regard to management fees, carried interest and returns.
3 min read · 18 January 2013
