The firm’s real estate investment trust is making the acquisition. It is the second retail property acquisition in the UK for CBRE Realty Trust.
1 min read · 22 January 2013
The largest commercial property lender in Germany and one of the largest in Europe is merging its European structured finance team, likely to lead to 10 job losses.
1 min read · 22 January 2013
The real estate investment management firm’s latest vehicle is targeting $1 billion to invest in high-yield commercial and other real estate debt.
1 min read · 22 January 2013
With leverage drying up and deal flow all but disappearing, it isn’t surprising that many alternative investment GPs have traded in their LBO hats for special situations, turnaround and distressed hats. For others, though, the refuge has come in the form of hard hats.
2 min read · 31 January 2013
The Chicago-based private equity real estate firm has joined forces with former EOP executive Mark Scully to help expand the firm’s retail/mixed-used platform in Colorado.
1 min read · 22 January 2013
The California pension has committed $400 million to Starwood’s $3bn Global Hospitality Fund II, which is targeting 20% IRRs. This summer, Sternlicht said he was rapidly expanding his latest hotel brand: the Baccarat, based on the famous crystals.
2 min read · 22 January 2013
The Los Angeles ‘full service’ real estate firm will leverage its close relationships with banks to target property buying opportunities. The fund will focus on the US West Coast, Hawaii and Japan. Kennedy Wilson's last fund raised just $150m.
2 min read · 22 January 2013
The oldest buyout firm in France will go to market in January to raise the successor to its €150m small-cap fund raised in 2006. Meanwhile, its latest mid-market fund, reportedly targeting €1.2bn, will close before the end of the year.
1 min read · 22 January 2013
The Indian company has reportedly bought a 30 percent stake on JB Pharma’s special economic zone, a future hub for pharmaceutical manufacturing, for $15m. The deal was made through the $525m ILFS India Realty Fund I.
2 min read · 22 January 2013
Ashok Ramaswami will lead a newly hired team as the Dubai-based private equity firm deploys its first India-focused fund of funds, which makes private equity, real estate and infrastructure investments.
1 min read · 22 January 2013
