European arm of US logistics giant ProLogis has now sold its remaining one-third stake in ProLogis European Properties Fund II to a handful of outside investors in a bid to reduce debt.
2 min read · 21 January 2013
As limited partners see distressed development as an investment opportunity, they are asking general partners for shorter fund lengths.
1 min read · 21 January 2013
The hospitality-focused private equity real estate fund, which closed its HEI Hospitality Fund III last year on $515m, insists the sector will continue to reprice through 2009. Having dry powder will be key to securing the best investments.
1 min read · 21 January 2013
London-based Geni Capital and Dubai's AREIT Management say the closed ended opportunity fund aims to launch with at least $100 million, with a cornerstone investor already having been lined up.
2 min read · 21 January 2013
The Chicago-based fund manager is targeting its $3bn Asia fund mainly in Japan and China. LaSalle, which has invested 20% of the fund, says it is in no hurry to make more investments in 2009.
1 min read · 21 January 2013
Construtora Altana has closed it’s A-Pima fund targeting the affordable housing market in Brazil. Provident Group acted as placement agent.
1 min read · 21 January 2013
Sylvain Denis and Alan Hyslop are to leave Dubai International Capital, leaving the firm’s private equity business in the care of portfolio managers David Smoot and Eric Kump.
2 min read · 21 January 2013
The private equity real estate firm with more than $3bn in dry powder has told investors they can reduce their commitments by a tenth without penalty.
1 min read · 21 January 2013
A mortgage company has teamed with a title company to launch First Equity Capital, a fund ‘to stem the tide of foreclosures and delinquencies’ in the US housing market. In December, more than 300,000 home owners filed foreclosure in the US.
2 min read · 21 January 2013
The world’s biggest logistics property company appoints a new head of global operations but sees its chief operating officer resign.
1 min read · 21 January 2013
