The US private equity real estate firm, led by Barry Sternlicht, has acquired an office property in the City of London. The firm says it has been patient but is starting to see value in the area for the first time in many years.
1 min read · 21 January 2013
Originally targeting $1bn, the founders of Alterna Capital Partners decided to close the fund and begin investing because they saw ‘the best environment we’ve seen in our entire career’ for investing in long-lived assets such as rail, ships and power plants.
2 min read · 21 January 2013
The Kuwait-China Investment Company, part-owned by the Kuwait Investment Authority, is planning to use an office in Shanghai from which to launch private equity vehicles. The firm invests in sectors including infrastructure and real estate.
1 min read · 21 January 2013
Sir John Beckwith, who developed a number of investment management businesses including Europa Capital Partners, has launched the Alpha Rockmount UK Real Estate fund, as it seeks “quality” assets in across the country.
1 min read · 21 January 2013
The National Pension Service of Korea has agreed to buy HSBC’s headquarter building in London’s Canary Wharf in what will be one of the biggest single asset transactions of 2009.
2 min read · 21 January 2013
The $126bn pension has created a new allocation to house its investments in the US Public Private Investment Programme.
2 min read · 21 January 2013
Is it time for private equity real estate firms operating in the UK to go on the PR offensive, asks Robin Marriott.
3 min read · 21 January 2013
The Chicago-based firm has bought a nine-property portfolio, totalling 536,000-sq-ft of space. No financial details were disclosed but the deal was originally marketed for $71m.
1 min read · 21 January 2013
The investment firm set up by Apax Capital founder, Sir Ronald Cohen, has raised £26m for its first real estate fund. The vehicle is aimed at aiding the regeneration of areas of the UK in need of properties which meet high environmental standards.
2 min read · 21 January 2013
Mizuho Trust has been appointed to handle the sale of Pacific Century Place, the office for which Japan’s biggest private equity real estate firm, KK daVinci, paid a record ¥200bn.
2 min read · 21 January 2013
