The country is the most active “exporter” of real estate investment capital to date in 2009, according to Real Capital Analytics. Global transaction volumes in 2Q were an estimated $48.6bn – almost level with 1Q. Plateau has been reached but 'no recovery in sight'.
1 min read · 21 January 2013
Paul Whight, a British property entrepreneur, is making a comeback to the UK retail park sector with a new fund. The Cadena Retail Estate Fund is aiming to raise £150 million.
1 min read · 21 January 2013
The Greenwich, Connecticut-based firm has entered into exclusive talks to buy the hotel group, which it would merge with its budget hospitality group, Louvre Hotels. The deal is expected to close on 26 June. Last week, Starwood floated a $500m debt vehicle to target distressed real estate.
2 min read · 21 January 2013
Two banks – one UK-based and the other from Bahrain – have combined to buy Milton Gate office block in the financial heart of London. UBS Global Asset Management is the seller.
1 min read · 21 January 2013
The firm’s green property fund has acquired an office in Edinburgh from Hermes Property Unit Trust for £23.9 million. The strategy of the fund is to work with occupiers to improve sustainability and reduce operating costs.
1 min read · 21 January 2013
Lending by active financial institutions declined by $15bn between 2007 and 2008, according to Cushman & Wakefield Sonnenblick Goldman. Life companies have moved to fill some of the capital void but their 2009 originations will be 20% down on 2008 levels.
2 min read · 21 January 2013
Seven key takeaways from the PERE Forum Europe, convened in London this week.
3 min read · 31 January 2013
Terri Herubin has joined the New York-based placement agent as principal. Herubin was formerly head of acquisitions for the New York State Teachers’ Retirement System.
1 min read · 21 January 2013
The listed property vehicle has acquired a distribution unit in England for £19 million.
1 min read · 21 January 2013
Seven key takeaways from the PERE Forum Europe, convened in London this week.
3 min read · 21 January 2013
