Insurer reaches halfway point in its quest to raise ‘innovative’ UK Property Income Fund. Legal & General Property's head, Bill Hughes, says raising equity remains a challenge, yet he is delighted with the success so far.
2 min read · 18 January 2013
With Landmark becoming the latest firm to raise a fund targeting real estate secondaries, the question becomes how much opportunity is really out there.
3 min read · 18 January 2013
The firm co-founded by former Morgan Stanley Real Estate Investing executives Sonny Kalsi, John Carrafiell and Fred Schmidt in 2010 has raised $150m against a target of between $300m and $400m.
2 min read · 18 January 2013
London-based opportunity fund manager, Brockton Capital, has acquired The Mailbox in Birmingham, the UK’s largest mixed use building, for £127.1m for Brockton Capital Fund II.
1 min read · 18 January 2013
Colony Financial raised the equity through a secondary offering after fully investing the proceeds of its $284m IPO and a $55.7m private placement.
1 min read · 18 January 2013
The firm, a former affiliate of KKR that employs a hybrid real estate and private equity investment strategy, will be close to hitting its hard cap of $2bn by summer.
2 min read · 18 January 2013
Pramerica Real Estate Investors has acquired the majority interest in a large office building in Melbourne from Investa Property Group, the Australian fund manager owned by Morgan Stanley Real Estate Investing.
1 min read · 18 January 2013
The fund of funds has bought two secondaries positions in a shopping centre trust and student accommodation vehicle.
2 min read · 18 January 2013
Stephen Renna has been named chief executive officer of the Commercial Real Estate Finance Council after almost three years at the National Association of Real Estate Investment Managers.
2 min read · 18 January 2013
The sovereign wealth fund of Singapore has officially opened its first India office and has installed its real estate head, ex-RREEF executive Kishore Gotety, to run it.
2 min read · 18 January 2013
