Optimum Asset Management, the Berlin and London-based real estate fund manager expects to generate a return of 15% IRR from investments, mainly in Berlin’s residential market.
2 min read · 18 January 2013
The Leeds-based real estate firm, led by entrepreneur Kevin McCabe, is to invest Chinese capital in the UK real estate market via a joint venture formed with Hong Kong-based Wyndham Advisors.
1 min read · 18 January 2013
The Chicago-based private equity real estate firm has teamed up with a Kansas City-based developer and operator of assisted-living and memory care communities to own and recapitalise six properties in the Midwest for $62 million.
2 min read · 18 January 2013
The UK asset manager has launched a closed ended vehicle with a Singapore bank and a private US firm. Hermes is putting in up to $150m on behalf of client, British Telecom Pension Scheme, while its two partners are contributing $25m each.
1 min read · 18 January 2013
The Connecticut-based firm has closed its fourth global real estate fund of funds on $400 million in commitments. It has been making commitments to funds and purchasing direct secondary interests since its initial closing in 2009.
2 min read · 18 January 2013
The fund, Sarasin Sustainable Properties – European Cities, is targeting mainly Swiss pension funds, and is said to be the first real estate vehicle for institutional investors to invest solely in sustainable buildings in high-growth European cities.
1 min read · 18 January 2013
The Houston-based real estate firm officially has ended its affiliation with its Chicago-based principal investment arm. The entity, now known as Pearlmark Real Estate Partners, has moved offices and is seeking capital for a new fund.
2 min read · 18 January 2013
Russell Jewell, former Merrill Lynch Global Principal Investments head of Europe, has joined AEW. Chief investment officer, Rob Wilkinson, said the firm looked forward to building its private equity platform ‘as market appetite for value-add and opportunistic products increases’.
1 min read · 18 January 2013
The New York-based real estate investment firm's DRA Growth and Income Fund VII currently has $662m in commitments and is expecting a final close in September.
1 min read · 18 January 2013
The New York global asset manager has formed a strategic partnership with Driftwood focussed on acquiring and repositioning hotels across the US.
1 min read · 18 January 2013
