ING Real Estate Investment Management has bought Tyresö Centrum in Stockholm for its European shopping centre vehicle.
2 min read · 18 January 2013
The German real estate fund manager has gained commitments from four institutional investors assembled in a ‘club structure’ to buy around €250m of assets.
1 min read · 18 January 2013
LPs see improved security by investing with smaller, real estate-focussed fund managers than with large bulge bracket firms, delegates heard on the second day of PERE’s annual event in Hong Kong.
3 min read · 18 January 2013
The Florida firm exceeds its fundraising target for a fund focused on distressed assets in its home state.
2 min read · 18 January 2013
Richard Anthony, head of Evercore Partners Private Funds Group, said ‘there will not be enough capital to satisfy all the demand’ and as a result many big-ticket fund managers will have to slash their fundraising targets.
2 min read · 18 January 2013
The firm is participating in a $3.3bn public offering for a 10% stake in the Russian state-owned bank, which manages a Russian real estate fund among its businesses.
2 min read · 18 January 2013
Simon Treacy, group chief executive officer at Asia and Europe private equity real estate firm, MGPA, has been made chairman of the Urban Land Institute for South Asia.
2 min read · 18 January 2013
The senior portfolio manager for CalPERS’ alternative investments programme will stay on until 31 March.
2 min read · 18 January 2013
Matt Khourie prepares to reveal details of the integration of ING REIM to employees at CBRE Investors, while an internal memo reveals the pleasure of CBRE chief, Brett White (pictured), at beating nearest rival.
2 min read · 18 January 2013
At the PERE Forum in Hong Kong today, delegates heard how $140bn would be raised for real estate globally in 2011 but that club structures would be regarded as the most capable of vehicles to compete on transactions. Conference polls showed how fund sizes would shrink and opportunistic returns would decrease also.
3 min read · 18 January 2013
