The White Plains, New York-based firm has sold a portfolio of five data centres to REIT Digital Realty Trust. Rockwood acquired three of the properties in 2006 and 2007 for roughly $120m.
1 min read · 24 January 2013
The bill that would hike taxes on carried interest has a provision that would make it more expensive for GPs to sell stakes in their firms.
3 min read · 24 January 2013
Bank-affiliated infrastructure platforms dominate The Infrastructure Investor 30, a new annual ranking of industry players. Together the 30 largest infrastructure investment groups have formed $140.5 billion of capital for the asset class over the past five years.
3 min read · 24 January 2013
A proposal to host the 2012 Grand Prix in Jersey City went in and out of the mayor’s office faster than a Ferrari. PERE magazine June 2010
1 min read · 24 January 2013
A collection of West coast office buildings has California seeing green. PERE magazine June 2010
1 min read · 24 January 2013
Not even Madonna’s promotional skills could save Japanese property developer Properst from bankruptcy. PERE magazine June 2010
1 min read · 24 January 2013
PERE magazine June issue 2010
2 min read · 24 January 2013
In investing its $4.7 billion G7 fund, Morgan Stanley Real Estate Investing says it will be more disciplined and targeted in the deals it sources. The US, Western Europe and Japan will be the fund’s primary focus. PERE magazine June 2010
8 min read · 24 January 2013
LPs are expected to invest $8 billion of new capital to value-added and opportunistic funds in 2010. REITs believe some of that money should go to them. PERE magazine June 2010
2 min read · 24 January 2013
CalPERS’ well-liked private equity chief, Leon Shahinian, has been placed on administrative leave after allegedly failing to disclose gifts and travel from a placement agent. ‘We get these offers all the time’, says one fellow LP who described Shahinian as a ‘good man’.
4 min read · 24 January 2013
