The mid-market private equity firm has acquired Tinsa for €100m.
2 min read · 24 January 2013
The London-based retail fund manager aims to acquire up to five shopping centres in Egypt over the next five years through a new fund to be jointly managed with Cairo-based Palm Hills Development.
1 min read · 24 January 2013
The Paris-based insurance firm announces Olivier Thoral as head of North America real estate as it looks to grow its global footprint.
1 min read · 24 January 2013
Despite reporting -10.15% returns for the state’s largest pension fund, the Florida State Board of Administration says the asset class is performing significantly better than the benchmark.
2 min read · 24 January 2013
The owner of 885 Third Avenue has filed a pre-negotiated bankruptcy plan for the asset after reportedly defaulting on a $210m loan. The Royal Bank of Canada, which supports the plan, had sued to force a sale of the tower.
2 min read · 24 January 2013
The London-based corporate advisory firm that counts private equity firms among its clients has appointed former Jones Lang LaSalle European chief executive Robert Orr as a senior advisor. Orr said the potential for consolidation and restructuring in the sector was ‘very apparent’.
2 min read · 24 January 2013
The New York-based firm has appointed Sean Kelly Rand, formerly of boutique Bell Capital Partners and Lehman Brothers, as director to help lead its activities from the UK capital.
2 min read · 24 January 2013
The Japanese buyout firm has invested an undisclosed amount to buy TeleGuam Holdings from US-based Shamrock Capital.
2 min read · 24 January 2013
The Swiss-headquartered global alternatives investor has established a base in Seoul and appointed Alex Cho to head its Korean efforts. The appointment will bring the firm closer to clients including Korea Investment Corporation.
2 min read · 24 January 2013
Just a month after buying out Pramerica Real Estate Investors’ majority stake in Hong Kong skyscraper PCCW Tower, the locally-based real estate developer has sold a 50 percent stake in the asset to London-based Grosvenor.
2 min read · 24 January 2013
