The German real estate fund manager has gained commitments from four institutional investors assembled in a ‘club structure’ to buy around €250m of assets.
1 min read · 18 January 2013
LPs see improved security by investing with smaller, real estate-focussed fund managers than with large bulge bracket firms, delegates heard on the second day of PERE’s annual event in Hong Kong.
3 min read · 18 January 2013
The Florida firm exceeds its fundraising target for a fund focused on distressed assets in its home state.
2 min read · 18 January 2013
Simon Treacy, group chief executive officer at Asia and Europe private equity real estate firm, MGPA, has been made chairman of the Urban Land Institute for South Asia.
2 min read · 18 January 2013
At the PERE Forum in Hong Kong today, delegates heard how $140bn would be raised for real estate globally in 2011 but that club structures would be regarded as the most capable of vehicles to compete on transactions. Conference polls showed how fund sizes would shrink and opportunistic returns would decrease also.
3 min read · 18 January 2013
ING has announced the sale of three REIM businesses to CB Richard Ellis and confirmed the management-led buyout of Clarion Partners.
3 min read · 18 January 2013
The Zug, Switzerland-based firm has raised an additional €40 million for its German commercial property fund.
2 min read · 18 January 2013
The John Grayken-led firm is expected to hold a final close on its second real estate fund in May. The firm has been raising two funds simultaneously since 2009 for real estate and distressed debt investments.
2 min read · 18 January 2013
The New York development company is raising a distressed opportunity fund to target loans and assets across all real estate sectors in the US. The firm has closed on $250m of commitments to date.
2 min read · 18 January 2013
The Kailong REI Commercial Real Estate Fund aims to buy and improve stabilised commercial property in China.
1 min read · 18 January 2013
