Investors waiting for the US commercial real estate market to hit the 10% cap rates of the early 1990s could be disappointed, according to CBRE.
2 min read · 24 January 2013
The private equity real estate arm of BNY Mellon has teamed up with developer Moore & Associates to buy the 500,000 sq. ft. building, Station Square.
1 min read · 24 January 2013
The firm has acted quickly on a new pilot scheme from the Beijing government to attract foreign private equity investment. It will reportedly raise $732m.
3 min read · 24 January 2013
Laura O’Neill will continue to focus on corporate real estate, infrastructure and the emerging markets of Africa and India at competitor Greenberg Traurig.
2 min read · 24 January 2013
Laura O’Neill will continue to focus on corporate real estate, infrastructure and the emerging markets of Africa and India at competitor Greenberg Traurig.
2 min read · 24 January 2013
The Australian investor is said to be in talks with the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority to submit a joint bid for French firm EDF’s UK electricity network. Goldman Sachs and Lexicon Partners are reportedly advising the consortium on their bid.
2 min read · 24 January 2013
The Government of Singapore Investment Corporation has reportedly booked a loss on equity and debt positions taken when Tishman Speyer and BlackRock bought New York City’s Stuyvesant Town and Peter Cooper Village in 2006.
2 min read · 24 January 2013
The Europe and Asia-focused fund has acquired two new shopping centres in the country for €187m, and has taken an option over a third
2 min read · 24 January 2013
Edward Linde passed away following complications from pneumonia, the US REIT said. Mortimer Zuckerman has taken over the role of CEO. "He will be greatly missed by all," said Zuckerman.
2 min read · 24 January 2013
Glenmont Capital founding partner Larry Kestin expects lenders to get more realistic over prices in 2010. The firm recently acquired a Florida hotel from a bank after the borrower filed for bankruptcy.
2 min read · 24 January 2013