The former account leader for the professional service firm’s Building, Construction and Real Estate practice has been chosen to succeed current leader Ray Milnes, who plans to retire later this year.
2 min read · 18 January 2013
The Amsterdam-based firm has hired Julie Helweg from Denmark’s Property Group as it gears up for Composition’s Europe Fund III.
1 min read · 18 January 2013
Oregon’s public employee pension plan has made its first commitment to a unique account with Prologis that will invest in several of the firm’s real estate funds over the next three years.
2 min read · 18 January 2013
BPT Asset Management, a Copenhagen-based firm, has invested in Estonia five months after praising the Baltic economies for being amongst the quickest in Europe to ‘politically embrace’ the economic challenges of the financial crisis.
2 min read · 18 January 2013
Blackstone’s first significant investment in Australia is now just days away from being completed after the shareholders of Sydney-based Valad Property Group approved the A$806 million sale of the business to Blackstone Real Estate Partners VI fund.
2 min read · 18 January 2013
The Boston-based private equity real estate firm has announced the final closing of its Alcion Real Estate Fund II on almost $500m of commitments, surpassing its $400m initial target.
2 min read · 18 January 2013
The Temasek subsidiary has agreed the purchase of Swire Pacific’s Festival Walk shopping centre in what would become the Singapore-based firm’s debut investment in Hong Kong.
2 min read · 18 January 2013
New Mexico's Public Employees’ Retirement Association has made its second major real estate commitment this year from its $70 million annual allotment.
2 min read · 18 January 2013
With the US debt ceiling showdown going down to the wire and a possible downgrade of the country’s debt rating on the line, don’t expect America’s fractured, dysfunctional government to find a solution that won’t cast a pall on private equity real estate activity.
3 min read · 18 January 2013
The insurer’s Latin American real estate investment arm plans to raise $500 million for a fund targeting sustainable housing in Mexico. First, however, it is looking for a starter commitment from the IFC.
2 min read · 18 January 2013
