The French arm of ING's real estate investment subsidiary has purchased River Ouest from developer HRO on behalf of three French institutional investors.
2 min read · 18 January 2013
In its annual report for the year 2010/2011, the Government of Singapore Investment Corporation said its exposure to real estate had increased from 9 percent to 10 percent over the year, nudging the sovereign wealth fund’s alternative assets up 1 percent to 26 percent of total assets.
2 min read · 18 January 2013
The Virginia-based private equity real estate firm has purchased a six-property portfolio from a venture backed by Sawyer Realty and CMS.
1 min read · 18 January 2013
The Deutsche Bank division has published a report encouraging core investors to buy more in Asia than Europe over the next five years. Outsized risk-adjusted returns, however, remain possible in Europe and should not be ignored.
2 min read · 18 January 2013
Chicago-based LaSalle Investment Management has hired Paul Guest as head of research and strategy for Asia Pacific. Guest joins from LaSalle’s parent company Jones Lang LaSalle.
2 min read · 18 January 2013
The New York-based private equity and real estate giant has sold its portfolio of 29 refurbished Canadian office buildings to Dundee Real Estate Investment Trust for C$831.8 million.
2 min read · 18 January 2013
The Greenwich, Connecticut-based firm, led by Barry Sternlicht, has commenced fundraising for Starwood Distressed Opportunity Fund IX, targeting between $2 billion and $3 billion. The firm's hospitality fund series, however, will come to an end.
2 min read · 18 January 2013
Despite the ‘sputtering economy’, the firm’s earnings in real estate rose in the second quarter, driven by increases in underlying investments and performance fees.
3 min read · 18 January 2013
Through its Heitman European Property Partners IV fund, the Chicago-based firm has purchased a Class A office building in Moscow from Capital Partners.
1 min read · 18 January 2013
Why it is good for the market that one of the most powerful women in private real estate investing is setting up on her own.
3 min read · 18 January 2013