Delhi-based Unitech has raised $575 million through a share issue as it seeks to reduce its debts and take advantage of investor appetite for affordable housing.
1 min read · 21 January 2013
The duo have left the Los Angeles-based real estate investment firm. The placement agency they co-founded in 2001, Wetherly Capital, was mentioned in a legal complaint regarding the New York pay-to-play scandal. Wetherly has not been accused of any wrong-doing.
1 min read · 21 January 2013
Philip Levinson has been hired by the New York-based private equity and real estate firm, which is considering opening additional Asian offices. Levinson joins following spells at RREEF and LaSalle Investment Management.
1 min read · 21 January 2013
James Green has left the McLean, Virginia-based firm where he was managing director and co-global head of capital markets and client relations.
2 min read · 21 January 2013
ProLogis European Properties, the listed European division of Denver-based ProLogis, has sold five distribution assets in the UK to the US alternative asset management firm, Harbert Management Corporation.
2 min read · 21 January 2013
F&C REIT Asset Management has appointed Angus Henderson as its new head of business development as plans a £300m UK opportunity fund. Henderson was responsible for launching new AXA Real Estate products in Europe and Asia.
2 min read · 21 January 2013
Industry groups and experts continue to speak out against the European Commission's proposed alternative investment directive, arguing it would place an unfair burden on Europe’s private equity industry.
2 min read · 21 January 2013
The Canada Pension Plan Investment Board has agreed to inject equity into a retail park fund advised by REIT, British Land, and managed by Schroder Property.
2 min read · 21 January 2013
William Green has left the Greenwich, Connecticut-based firm for family reasons. He joined the firm in late 2007 to oversee Starwood’s debt investment operations.
2 min read · 21 January 2013
In an effort to find and manage investments in the Iberia region on behalf of its third European real estate fund, the Washington DC-based firm has enrolled the services of a Lisbon-based partner.
2 min read · 21 January 2013