The $280m joint venture fund between Blue Vista Capital Management and development firm Place Properties has bought student housing near the Universities of Mississippi and Texas A&M. The fund previously said it had set aside $50m to target repossessed student properties.
1 min read · 21 January 2013
The publicly traded alternatives manager reportedly cut around 100 jobs towards the end of 2008, as its share price was hitting an all-time low.
1 min read · 21 January 2013
The hospitality-focused private equity real estate fund, which closed its HEI Hospitality Fund III last year on $515m, insists the sector will continue to reprice through 2009. Having dry powder will be key to securing the best investments.
1 min read · 21 January 2013
The real estate investment firm has hired Sharon Ann M Miller to lead the firm’s investor relations activities. It comes on the back of promoting David Streicher to partner and Jennifer Levy as CFO.
1 min read · 21 January 2013
The Madrid-based firm has bought the retail property on behalf of its IRUS European Retail Property fund, intending to add further space at the asset.
1 min read · 21 January 2013
London-based Geni Capital and Dubai's AREIT Management say the closed ended opportunity fund aims to launch with at least $100 million, with a cornerstone investor already having been lined up.
2 min read · 21 January 2013
Why some real estate funds will be allowing LPs to downsize commitments.
2 min read · 31 January 2013
Co-investments in its funds and assets continued to drive the bulk of the write downs, which will total A$2bn for its current fiscal year. The firm expects its profit to halve compared with last year's record A$1.8bn result.
2 min read · 21 January 2013
The wife of Singapore’s prime minister will in October cease leading Temasek, which has come under fire for financial services over-exposure. The sovereign fund and avid private equity player will be led by ex-BHP Billiton chief executive Chip Goodyear, a succession that has been planned for 'more than a year'.
2 min read · 21 January 2013
The Chicago-based fund manager is targeting its $3bn Asia fund mainly in Japan and China. LaSalle, which has invested 20% of the fund, says it is in no hurry to make more investments in 2009.
1 min read · 21 January 2013
