Singaporean sovereign fund Temasek Holdings will own Singapore's airport by July 2009. The government decided to privatise the airport to give it 'greater flexibility' in a deal that is estimated to be worth up to $2bn.
2 min read · 22 January 2013
The London-based property investment manager has purchased an apartment block in the Bay Area for its $205m value-added multifamily fund, CASA IV.
1 min read · 22 January 2013
The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.
2 min read · 22 January 2013
Curzon Global Partners/AEW Europe have partnered with Cleaveland Asset Management to acquire 32 offices in France for their latest vehicle, the €800m European Property Investors Special Opportunities fund.
1 min read · 22 January 2013
Despite the turbulence of the credit markets and its impact on Europe’s property markets, LPs will increase their allocations to real estate in the future, according to a report by CBRE. In the long-run, all investors will target an extra €250bn to the asset class.
2 min read · 22 January 2013
Prudential Corporation Asia, Warburg Pincus and other undisclosed firms are reportedly investing $300m in Bangalore-based property developer MetroCorp. The developer is targeting 6,000 acres in India.
1 min read · 22 January 2013
The Australian property group, which has a stand at this year’s Expo Real property show, has hired Robert Rackind to join its European team.
1 min read · 22 January 2013
The pair have revealed at the Expo Real property show that they are not only forming an alliance to advise on sale and leaseback transactions, but are setting up a fund for third party investors too.
1 min read · 22 January 2013
Axel Wieandt, global head of corporate investments at Deutsche Bank, will take up the role of chief executive at Hypo Real Estate from Monday.
1 min read · 22 January 2013
Shaun O’Connor, joining the firm as chief financial officer, was previously with GE Real Estate as chief financial officer for its US and European units. He was also previously with American International Group and IBM.
1 min read · 22 January 2013
