The Nordic investment bank, asset manager, private equity firm and broker, says it has acquired 296 units on behalf of new fund, IceCapital Housing Fund II.
1 min read · 21 January 2013
The group has continued its push into China, setting up a trust company joint venture that will enable it to offer RMB-denominated products in addition to arranging debt and equity financing in the country.
2 min read · 21 January 2013
Morgan Stanley Real Estate Funds have pledged to pump millions of extra dollars into Songbird Estates, alongside Qatar Holdings, CIC and Simon Glick, in a bid to prevent the property company from failing. Songbird is hoping to raise more than £800m in equity from a new share issue.
2 min read · 21 January 2013
The London-based property fund manager is reportedly targeting the British real estate market with its UK Value Fund. The firm has raised £90m to date.
1 min read · 21 January 2013
The $123.8bn California pension plan took a 50% write-down in its value-added/opportunistic real estate investments in the year to 31 March 2009. The pension has completely written off its equity in some funds, while others are currently reporting IRRs of more than -100%.
2 min read · 21 January 2013
The monthly magazine consulted with industry insiders to identify a group of firms that have the skills to wring profit from the most perilous real estate market in decades.
1 min read · 21 January 2013
PERE magazine unveils its selection of firms that will thrive and survive amid the real estate hard times, and for the first time you may access this magazine article digitally.
1 min read · 31 January 2013
Prudential Real Estate Investors has disposed of a 570,000-sq-ft office to US REIT KBS. It comes as the real estate investment firm also repaid $145m of a $616m credit facility with JV partner Kimco Realty.
2 min read · 21 January 2013
The US banking regulator scaled back its proposed rules, easing certain requirements that had attracted industry criticism including Tier 1 leverage ratios.
4 min read · 21 January 2013
The Alabama firm says it has acquired property from Segro, the UK REIT which took over fellow industrial property company Brixton recently. It closely follows a deal in June to buy a batch of UK warehouses from ProLogis.
1 min read · 21 January 2013
