The New York-based real estate firm is reportedly teaming up with F&C REIT to buy a Dublin shopping centre from Aviva Investors and Grosvenor. In February, AREA teamed up with PMB to buy a London office property for $52.9m.
2 min read · 24 January 2013
UK pension funds are increasingly favouring alternatives, with the average asset allocation rising to 9 percent in 2010, according to Mercer.
1 min read · 24 January 2013
The ILPA roundtable between GPs and LPs Tuesday had more ‘agreement than disagreement’, according to Joseph Dear, CalPERS' CIO.
1 min read · 24 January 2013
The Blackstone Group has bought a 60% stake in two shopping centres in Portland, Oregon and Tampa, Florida, from US REIT Glimcher Realty.
1 min read · 24 January 2013
Sheikh Ahmed bin Zayed Al Nahayan, managing director of the Abu Dhabi Investment Authority, has reportedly gone missing after a glider he was in crashed in Morocco on Friday.
2 min read · 24 January 2013
Merlin Entertainments, the theme park operator acquired by The Blackstone Group for $2.5 billion in 2005, is to develop a Legoland park in Florida.
1 min read · 24 January 2013
The former global head of Morgan Stanley Real Estate Investing is joining forces with John Carrafiell and Fred Schmidt to create their own merchant banking real estate platform.
2 min read · 24 January 2013
The backing of only the strongest property owners by tenants and brokers – due to concerns over the health of potential landlords – is leading to a split in US property markets between the healthy and weak.
2 min read · 31 January 2013
A pilot scheme would allow the conversion of up to 50% of an RMB fund from foreign currency, removing a huge hurdle facing foreign investors seeking access to China's private equity market.
3 min read · 24 January 2013
Toby Phelps, the UK managing director of New York-based Tishman Speyer, is reportedly joining Alpha Real Estate Advisors, the advisory business set up by former Morgan Stanley Real Estate Investing joint global head, John Carrafiell.
1 min read · 24 January 2013
