With real estate financing in Europe still difficult to come by, one of America’s biggest commercial real estate lenders is ramping up in the region, pointing the way for its fellow US banks.
3 min read · 17 January 2013
New Jersey’s $350 million commitment represents the first major investment by a US pension plan in TPG’s growing real estate business.
3 min read · 17 January 2013
The real estate arm of Caisse de dépôt et placement du Quebec has invested in two multifamily assets in the region totalling $234 million.
2 min read · 17 January 2013
The global real estate investment manager has filled its leadership void with a trio formerly with DTZ Investment Management led by 23-year industry veteran David Schaefer.
2 min read · 17 January 2013
With German open-ended funds less in contention these days, significant growth in Spezialfonds is expected, according to a report released by CBRE.
3 min read · 17 January 2013
The Wall Street bank has decided to tap global demand for 'super prime' property with the sale of Continental Europe’s largest department store, KaDeWe, with bids expected to be in the region of €750m.
3 min read · 17 January 2013
DTZ’s 'The Great Wall of Money' report says the volume of available capital for 2013 has increased by 4 percent over the last six months. The rise has been driven by an increase in new equity in Europe and increased optimism in the US and Asia for real estate financing.
3 min read · 17 January 2013
Private equity and real estate firms are asking limited partners for terms that would allow for the renegotiation of fund agreements in the event carry’s tax treatment changes.
3 min read · 17 January 2013
The deal marks the Norwegian sovereign wealth fund manager’s first German property investment and the third that it has made in conjunction with AXA’s real estate investment arm in the past 15 months.
2 min read · 17 January 2013
The Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35 percent of the commingled vehicle already is invested.
3 min read · 17 January 2013