Corporate finance lawyer Jacques Demers will lead OMERS Strategic Investments, a new investment division tasked with making very large investments for the pension in 'global asset companies' including airports, real estate and energy projects.
2 min read · 22 January 2013
The alternatives arm of Deutsche Bank has closed a deal to buy a ‘significant minority’ interest in Rosen Real Estate Securities. It follows the $300m investment and purchase of an equity stake in Rosen by GIC Real Estate.
1 min read · 22 January 2013
The Boston-based firm originally bought the Centennial Corporate Center in Massachusetts for $42.3m in 2004, netting them a 9% profit. It sold the Class A office property to Children’s Extended Care Center.
1 min read · 22 January 2013
The Los Angeles-based real estate investment and services firm will target real estate opportunities in the Middle East from its Bahrain office.
1 min read · 22 January 2013
The Chicago-based investment firm has rounded up $5.6m for its latest fund.
1 min read · 22 January 2013
The emerging markets-focused firm has already invested 12% of the fund, which will limit its use of leverage to deals in South Africa and Southeast Asia.
2 min read · 22 January 2013
The firm’s new $2.9bn emerging markets fund allowed LPs to cherry-pick specific regions and countries, a savvy structure given changing investor sentiment, writes Amanda Janis.
2 min read · 22 January 2013
The German fund manager says it is reviewing its planned purchase of the Mall of Sofia shopping centre from GE Real Estate and Quinlan Private, in light of the deteriorating financial crisis. Degi says it is vital to recheck all the financial details again.
1 min read · 22 January 2013
David Ferrero has joined the Boston-based private equity real estate firm set up by ex-AEW Capital principals Martin Zieff and Mark Potter. He is one of three to join the ranks at Alcion, including Eugene DelFavero and Meg Donahue.
1 min read · 22 January 2013
Voting has begun in the third annual Global PERE Awards. Which people, firms, funds and deals stood out in 2008? Cast your nominations now in the only industry awards that are voted on entirely by the participants in the private equity real estate market.
2 min read · 22 January 2013