The Caribbean & Latin America Real Estate Fund will focus on distressed opportunities and development with a primary focus on the Dominican Republic, Puerto Rico, Antigua and Barbuda.
1 min read · 21 January 2013
The Houston-based real estate investment firm is positioning itself to take advantage of demand for office space once $2bn of retail and residential construction is completed in 2011.
2 min read · 21 January 2013
The Des Moines, Iowa-based real estate firm has appointed Michael Fortier as controller and chief financial officer of the funds managed by Aviva Investors’ New York office.
1 min read · 21 January 2013
The fund management business owned by property adviser Savills, creates global role to meet needs of its clients. Michael Flynn is made global head of institutional business just nine months after being hired by the firm to open its office in Singapore.
1 min read · 21 January 2013
Ports America, a stevedore owned by Highstar Capital, beat our eight other competitors for a 50 year concession to improve and operate five berths at the California port, the US’ third busiest by container volume. The contract is the first of its kind for US marine terminals.
3 min read · 21 January 2013
As Europe’s glitziest property-fest prepares to get under way next week, organisers say attendance levels will be a third lower than last year’s event.
2 min read · 21 January 2013
Tokyo-based KK daVinci is reportedly in talks to sell three prime offices in the city. A sale would come hot-on-the-heels of the firm’s $142 million divestment of the Lietocourt Arx residential tower to Kuwait’s St Martins Group.
1 min read · 21 January 2013
The European Association for Investors in Non-listed Real Estate Vehicles has ended an agreement with the Investment Property Databank for IPD to provide data and a fund index service.
2 min read · 21 January 2013
One of the long-standing servants of US private equity real estate firm Westbrook Partners has left to lead newly-formed Meadow Partners. He rejoins former Westbrook duo Andrew McDaniel and Timothy Yantz.
1 min read · 21 January 2013
The Japanese private equity fund’s investment in New Songdo City, a South Korean trade zone, would reportedly be the single biggest Japanese investment in the country.
1 min read · 21 January 2013