The real estate group has also sold its debt fund management and servicing arms to Andrew Farkas’ Island Capital Group for $110m as part of the reorganisation.
2 min read · 24 January 2013
The London-based investment firm has acquired a six-storey office property in Milton Keynes for £15.8m from CBRE Investors, at the same time as buying a Welsh shopping centre for £24m.
2 min read · 24 January 2013
David Snow explains why he will defeat Philip Borel in the Marathon of Marathons.
2 min read · 24 January 2013
There is a lot to look forward to at this year’s MIPIM conference – including a renewed sense of enthusiasm.
2 min read · 30 January 2013
Norway’s Government Pension Fund Global has been given the green light to invest billions into real estate. Private equity real estate firms should brace themselves for the arrival of Europe’s largest sovereign wealth fund.
2 min read · 31 January 2013
The London-based property services firm is to take full ownership of real estate investment management business Cordea Savills after agreeing to acquire a 40% stake from the its management for £15.4m.
2 min read · 24 January 2013
Blackstone Real Estate Special Situation Fund II is targeting non-controlling debt and equity investments globally, raising roughly $750m to date.
2 min read · 24 January 2013
The firm's European head will replace Rajesh Khanna, who has resigned to establish an Indian investment business.
2 min read · 24 January 2013
Representative Sander Levin, a longtime advocate of taxing carried interest as ordinary income, has been appointed chairman of an influential US House of Representatives Committee.
1 min read · 24 January 2013
The Dallas-based fund plans to invest capital on behalf of UK and European investors to invest in “mid-sized” properties in the US.
1 min read · 24 January 2013
