Simon Walker has called for private equity to be exempted from the EU directive on alternative investment fund managers, an appeal some have described as ‘wishful thinking’ and ‘unfortunate’.
2 min read · 21 January 2013
One week after Singapore-listed developer and fund manager Banyan Tree Holdings held a final close for its first real estate development fund, Steve Small, the chief executive officer of the vehicle, shares his views on the hospitality real estate climate with PERE.
2 min read · 21 January 2013
The New York-based REIT is reportedly in market with a private equity real estate fund targeting distressed retail and office properties.
1 min read · 21 January 2013
Over the past year, the volatility of net operating income for commercial real estate in more than 370 markets has hit levels unseen since Fitch Ratings first began tracking the metric in 2000. Worst affected office markets were New York, Los Angeles and Chicago.
2 min read · 21 January 2013
The Chicago-based real estate investment firm has acquired 1501 M Street NW in the US capital for $60m – 10% less than what CBRE Investors originally paid for the property. The office was bought through the firm’s third opportunity fund.
1 min read · 21 January 2013
Capman has acquired a seven-storey building from Germany’s IVG Immobilien as it continues to invest Capman Real Estate Fund I, which targets properties in and around Helsinki.
1 min read · 21 January 2013
Dolphin Capital Investors, one of the largest real estate companies on London's Alternative Investment Market and South-East Europe residential resort players, has completed an exchange of 39 assets at an aggregate of €4.8m in return for 9.3m shares.
1 min read · 21 January 2013
The British property investor and fund manager owned by the Duke of Westminster warns off investing in Spain until at least next year.
1 min read · 21 January 2013
The US arm of the British property firm, led by the Duke of Westminster, has sold the Grosvenor Building it developed in 1985 to merchandising and real estate firm Kingswood Capital. Only two other Vancouver office transactions over $5m have taken place to date this year.
2 min read · 21 January 2013
The Philadelphia-based firm has raised $23 million to date for its second property fund. It will target under- and non-performing first mortgage loans in the region.
1 min read · 21 January 2013
