Paul Whight, a British property entrepreneur, is making a comeback to the UK retail park sector with a new fund. The Cadena Retail Estate Fund is aiming to raise £150 million.
1 min read · 21 January 2013
Terri Herubin has joined the New York-based placement agent as principal. Herubin was formerly head of acquisitions for the New York State Teachers’ Retirement System.
1 min read · 21 January 2013
Reports today say the Japanese government, real estate firms, and banks are acting together to establish a fund of up to ¥500 billion to shore up the country’s battered REIT sector by acquiring bonds issued by them.
1 min read · 21 January 2013
The global private equity firm will invest A$65m for a stake of 18% in the Australian waste management company and the remaining A$735m will be raised via an entitlement offer.
2 min read · 21 January 2013
As the balance of power swings from GPs to limited partners, fund managers in New York today predicted investors would call for shorter investment periods for PERE funds in a bid to boost their liquidity. In the search for capital sources though, GPs were advised to watch super and high-net-worth individuals "closely".
2 min read · 21 January 2013
Hudson Global Capital Partners is seeking to raise £75 million for a vehicle called Open Sky to buy Central London property.
1 min read · 21 January 2013
A second property IPO is to be staged in London as a specialist retail investor and asset manager seeks to raise £250 million. The capital raising comes one month after Max Property Group was admitted to the AIM market in London and raised £220 million.
2 min read · 21 January 2013
Dune Real Estate Partners have hired former Morgan Stanley commercial mortgage trading senior manager David Oliner. It comes as the firm raises its second property vehicle, Dune Real Estate Fund II.
2 min read · 21 January 2013
The real estate arm of insurance firm Prudential has hired Jack Taylor, Steven Plust and Stephen Alpart as it builds its debt investment operations. Taylor will be head of PREI's global high yield debt business.
2 min read · 21 January 2013
Bryan Bailey has been appointed senior adviser to the Italian funds of funds firm. He joins ex-Merrill Lynch managing director John Herbert in shaping the firm’s real estate fund, which is targeting €300m.
1 min read · 21 January 2013
