Prupim has joined other large British landlords such British Land and Capital & Regional in trying to ease the cash-flow problems of their retailers. It follows a high profile campaign by retailers for rent to be paid monthly, rather than quarterly.
2 min read · 21 January 2013
UK listed fund management group, Invista Real Estate Investment Management, has completed a fund platform acquisition in Asia as part of its strategy to expand in the region.
2 min read · 21 January 2013
WW Advisors has been established by Wafra InterVest Corporation and Watheeqa Holding to advise global clients on investment into property. David Swan, a former Tishman Speyer Properties director and most recently at Middle Eastern private equity firm Arcapita, has joined as managing director.
1 min read · 21 January 2013
Why the auction of Boston’s John Hancock Tower this week marks a very public end to Broadway Partners’ debt-driven strategy, and the beginning of a new era of bargains.
2 min read · 31 January 2013
The privately held investment company focused on real estate related businesses operating outside of the US, has reduced its stake in BR Malls in order to pay down debt used in its original investment in the company.
2 min read · 21 January 2013
VinaCapital, the Vietnamese asset management, banking and real estate consultancy, is putting the finishing touches on its second dedicated property fund. The fund will be fully privately funded, unlike the firm's first opportunity fund.
1 min read · 21 January 2013
Why the auction of the John Hancock Tower marks a very public end to Broadway Partners’ debt-driven strategy, and the start of a new era of bargains.
2 min read · 21 January 2013
With LPs struggling to balance declining distributions against pending capital calls, a report by Clerestory Capital shows 32 fund managers in market over the past six months chose to stop or put fundraising efforts on hold. Among the worst hit were funds targeting India and China.
2 min read · 21 January 2013
The US firm has been deploying cash consistently throughout the past month, most recently having invested $160m to acquire the ice-making business of Manitowoc. It is also set to exit electronic payment firm Metavante, which will be merged with Fidelity National Information Services to create a $10bn enterprise.
2 min read · 21 January 2013
The New York-based real estate firm has brought on Matthew Delicata from London-based Patron Capital to bolster its planned distress real estate fund team. The fund is expected to focus on the five boroughs of New York. King Penguin has also hired former Carlton Group professional, Garett Pelton.
1 min read · 21 January 2013
