The Wall Street firm has deferred the final close of its latest global property vehicle because investors have asked for more time. The firm remains confident, however, it is on track to raise its target of up to $10 billion.
2 min read · 22 January 2013
UK fund manager New Star has been forced to take action following mass redemptions at its international property fund in the past few weeks.
2 min read · 22 January 2013
Lehman’s European real estate assets have received over 300 expressions of interest since the company went into administration in September.
1 min read · 22 January 2013
The Wall Street firm has deferred the final close of its latest global vehicle because investors have asked for more time, according to people familiar with the situation. The firm remains confident, however, it is on track to raise its target of up to $10 billion.
2 min read · 22 January 2013
The firm will pay roughly HK$2.4bn to add Natural Beauty on to existing portfolio company Global Radiance.
1 min read · 22 January 2013
The infrastructure heavyweight will scale down its business in response to a decline in deal flow and profitability.
2 min read · 22 January 2013
Subsidised 50% by the government, the projects will involve the construction, maintenance and operation of two stretches of highway along Chile's Ruta 5 and Ruta 66.
1 min read · 22 January 2013
Dutch group ING Real Estate has appointed stalwart Doug Aucherlonie to become chief executive of the ING Summit Industrial in Canada. ING acquired the Canadian fund in 2006 but retained its senior management during a transition period. That management is now leaving and the plan to sell the fund has been shelved.
1 min read · 22 January 2013
Rachel Tan, former global head of business development for real estate and private equity at French bank Société Générale, is helping expand the capital raising business at Australia’s Macquarie Group.
1 min read · 22 January 2013
The vehicle, Mid-Atlantic Capital Fund, is the first real estate opportunity fund for the Frederick, Maryland-based real estate company.
1 min read · 22 January 2013
