The New York-based firm has joined forces with Glimcher REIT to buy the 1.2m sq. ft. retail centre from Northwestern Mutual Life investing roughly $56m of equity in the deal.
1 min read · 24 January 2013
Despite trying to sell itself to third parties, the real estate investment arm of the Dutch insurance group has hired Bruno Cohen as CIO of its Paris office.
2 min read · 24 January 2013
Musician Bob Geldof is working with former Doughty Hanson senior principal Mark Florman in the development of an Africa-focused fund.
3 min read · 24 January 2013
US firm exits the majority of its investment in Belgium's Immobel, which it first made in June 2007
1 min read · 24 January 2013
TPG, formerly known as the Texas Pacific Group, is making a push into real estate using its latest private equity funds – TPG Partners V and the gargantuan TPG Partners VI, which raised $18.8 billion in 2008.
1 min read · 24 January 2013
Trustees for the mortgage bond holders insist the mezzanine debt players have to repay the $3bn senior loan before being allowed to foreclose on the 80-acre multifamily complex in Manhattan.
3 min read · 24 January 2013
The New York-based real estate firm has taken over the Makena Beach and Golf Resort in a joint venture with Trinity Investments and Stanford Carr, after senior lenders foreclosed on the 1,800-acre asset last year.
2 min read · 24 January 2013
Teaming up with developer Golub & Company, Praedium has bought Clover Creek from Intercontinental Real Estate and Olympic Investors for just shy of its 2004 valuation.
2 min read · 24 January 2013
Real estate funds currently in market have secured just 10 percent of their targeted capital commitments as LPs sense there’s no penalty in waiting to invest.
2 min read · 30 January 2013
The UK opportunity fund manager sponsored by Schroder Property, has struck up a joint venture with the major pension fund and investor, British Airways, to buy an office investment in central London
1 min read · 24 January 2013
