The alternatives arm of Deutsche Bank has followed GIC Real Estate in buying a ‘significant minority’ interest in Rosen Real Estate Securities. The deal is expected to close by the end of the year.
1 min read · 22 January 2013
The Spanish construction company will finance, design and build additions to Florida's I-595 corridor in the next five years and then operate and maintain it for an additional 30 years. Florida will control the rates and collect tolls.
2 min read · 22 January 2013
George Bilicic, who joined KKR in May, will rejoin Lazard as chairman of its power, utilities and infrastructure practice. A source said Bilicic was leaving the firm over differences about how KKR should build its infrastructure team.
2 min read · 22 January 2013
With distributions from real estate funds at a minimum and general chaos in the financial markets, limited partners are struggling to come to terms with the new global situation, according to a conference in London. It does not mean though that the real estate fund management model is dead.
2 min read · 22 January 2013
Climate Change Capital has secured commitments from UK, Dutch and Australian investors for its debut low carbon property fund. The fund will target half its capital on the south east of England, retro-fitting properties to higher energy standards.
1 min read · 22 January 2013
The $64bn Daido Life Insurance Company is eyeing the US real estate and credit markets owing to "opportunities" it said were created by the recent market downturn.
1 min read · 22 January 2013
The Helios AR Real Estate Fund I will focus on investments in the Southeast and Mid-Atlantic US across the office, industrial, retail and related property sectors. Chairman and CEO Michael Adler said market conditions made it important to have discretionary funds available.
1 min read · 22 January 2013
The real estate investment firm has appointed Timothy Zietara to help grow its debt business as it targets $1bn for its latest debt investment vehicle, ING Clarion Debt Opportunity Fund III.
1 min read · 22 January 2013
Citing deteriorating economic and financial market conditions and increasing cost of capital, Canadian pension’s infrastructure investment unit has lowered its bid for the Toronto Stock Exchange-listed income fund by about C$116m.
2 min read · 22 January 2013
Aimed at becoming one of the largest owners and operators of cattle and sheep farms in the world, the fund is close to reaching its goal of raising between A$1bn to A$1.3bn, says fund director Tim Hornibrook.
2 min read · 22 January 2013
