The UK REIT is working with property services firm King Sturge and Charles Russell (CR) Property Advisers to launch the vehicle. The partners say a long-term shortage of properties thanks to the credit crisis and lack of liquidity for borrowers could fuel rental demand.
1 min read · 24 January 2013
The proceeds comprise $408m of initial commitments the firm has raised for its Mexican infrastructure fund, which was formally launched today. Macquarie has structured the fund as two separate trusts in order to facilitate the participation of the seven Mexican pensions.
2 min read · 24 January 2013
Oussama Daher has been promoted to managing director. He is among 33 Carlyle staff to be rewarded with new titles.
1 min read · 24 January 2013
The Cayman Island’s loss will be Luxembourg’s gain if the EU’s AIFM Directive passes as written.
2 min read · 24 January 2013
The German insurer, which is making a big push into property, is acquiring 50 percent in Allee Shopping Centre for around €100m
1 min read · 24 January 2013
John Klopp has been appointed head of Americas equity and debt investing, reporting directly to Jay Mantz.
2 min read · 24 January 2013
A group of prominent Dutch pensions has joined the chorus warning about the negative impact of proposed EU regulations on alternative funds, saying in a recent letter that such measure could cost the country’s pension fund and asset managers €1.5 billion a year.
2 min read · 24 January 2013
Sheikh Mohammed bin Rashid Al Maktoum, the ruler of the Dubai, has created a Dubai Government Media Office to handle PR for the emirate. The move follows strong criticism of the handling of the Dubai World debt crisis.
2 min read · 24 January 2013
The seller, BGP Investment, recently spun-out of a joint venture between Australia’s Babcock & Brown and GPT Group
1 min read · 24 January 2013
The European investment manager will launch a vehicle investing in pan-European REIT securities
1 min read · 24 January 2013