Jadwa Investment Company is reportedly looking to invest a sizeable portion of its capital in the US and UK, and is already eyeing a £700m transaction in Britain with European property investor CIT, according to the Financial Times.
1 min read · 21 January 2013
For years, Blackstone’s European real estate focus has been on backing operating companies rather than buying assets. Things are about to change, says Robin Marriott.
2 min read · 21 January 2013
Last week, PERE incorrectly reported that Wetherly Capital was named in a complaint brought by New York State Attorney General Andrew Cuomo. In fact, the Los Angeles-based firm was cited in the complaint.
1 min read · 21 January 2013
Aerium becomes the third investor in a month to buy from London-listed Land Securities with the £105.5 million purchase of One Wood Street in the City of London. The investment follows those of the Libyan Foreign Investment Company and Europa Capital.
1 min read · 21 January 2013
London-based activist investor Laxey Partners has increased its offer for Spazio Investment, the Italian industrial property group, after its initial bid was rejected. Meanwhile Laxey has thrown in the towel in its fight to replace board members of Indian property group Hirco
2 min read · 21 January 2013
Denis Tse from CDIB Capital will oversee LMIM's private equity and private equity real estate fund commitments in Asia.
1 min read · 21 January 2013
The emerging markets giant has hired Ngozi Edozien, who last year founded the Equity Vehicle for Health in Africa.
2 min read · 21 January 2013
For years, Blackstone’s real estate focus in Europe has been on backing operating companies rather than buying assets. Now all the signs are that the strategy is about to be reversed.
2 min read · 31 January 2013
The Denver based logistics firm in the midst of a restructuring process has appointed a new chief financial officer and a head of treasury for its European operation. The appointments come in the same week the company revealed it had completed $561 million of asset disposals this quarter.
2 min read · 21 January 2013
CBRE Investors eyes a final pot of $200 million for its Asian fund of funds, the Asia Alpha Plus Fund, after holding a first close of $100 million.
1 min read · 21 January 2013
