Citi Property Investors has abandoned efforts to raise a follow-on fund to its 2007 Asia focused vehicle and has decided to give back approximately $400 million to investors.
1 min read · 21 January 2013
A London-based start-up chaired by Paul Orchard-Lisle, the former senior partner of property services firm Cushman & Wakefield, wants to launch two funds targeting London as well as a China vehicle and an infrastructure fund.
1 min read · 21 January 2013
Multi-family specialist Covenant Capital Group is targeting $300 million for Covenant Apartment Fund VI.
1 min read · 21 January 2013
Despite few properties trading hands in the capital, Monday Properties CEO Anthony Westreich says cap rates in Washington DC are above their historical trends suggesting the metro office market may have repriced too far. Washington DC, he says, is the "best" market in the US.
2 min read · 21 January 2013
The San Francisco-based firm has closed its eighth private equity real estate fund, targeting all property sectors in the US.
1 min read · 21 January 2013
The European Association for Investors in Non-Listed Real Estate Vehicles, has made three new appointments to its management board, as one of the existing founders, Morgan Stanley’s Jan-Willem de Geus, relocates to Singapore.
1 min read · 21 January 2013
European Property services firms are planning to supplement transactional income by growing their fund management businesses and investments in third party vehicles.
1 min read · 21 January 2013
Private equity real estate firm Paladin Realty Partners has partnered with a Brazilian developer to develop up to 3,000 affordable housing units.
1 min read · 21 January 2013
The global financial services firm lost $319m in the first quarter of 2009 primarily due to losses on its private equity and real estate investments.
1 min read · 21 January 2013
A poll of fund managers conducted by INREV and presented at its annual conference today revealed that only €6.1 billion($7.96 billion) will be raised in Europe this year by unlisted funds compared to €10.2 billion in 2008.
1 min read · 21 January 2013
