The addition of former Skanska Infrastructure Development chief Simon Hipperson comes as the firm continues to build its team amid a reported $10bn fundraising effort.
2 min read · 22 January 2013
The property developer and fund manager is reportedly talking to investors about raising another India real estate vehicle. It follows Tishman’s decision to buy out ICICI’s stake in their joint venture company, TSI Ventures India.
2 min read · 22 January 2013
HighView Investment Group, led by former BlackRock co-founder Ralph Schlosstein, has garnered $600m in commitments to target minority interests in independent alternative asset managers, including real estate.
1 min read · 22 January 2013
Such is the interest in some parts of the Middle East and North Africa that an investor has already offered Global Investment House a quick turn on its recent deal.
1 min read · 22 January 2013
The UK property investment manager with a newly created special situations fund has hired Phillip Rodger to become head of asset management.
1 min read · 22 January 2013
The £132.5m sale comes as the UK’s Competition Commission is threatening to force the Spanish infrastructure investor to sell three airports owned by British Airport Authority, which it acquired in 2006.
2 min read · 22 January 2013
The Singapore-based development and real estate investment firm has sold the 88-unit Somerset Orchard residences in a bid to ‘redeploy’ capital to global investment opportunities. It follows on the firm's sale last week of its interest in the Capital Tower Beijing office complex.
1 min read · 22 January 2013
Bob Stefanowski, a 14-year General Electric veteran who most recently headed the firm’s European corporate finance division, will lead 3i’s push into North American growth and infrastructure investments.
2 min read · 22 January 2013
The US department store, which filed for Chapter 11 bankruptcy protection in July, has filed a lawsuit against its buyers, including funds controlled by Lubert-Adler, Cerberus Capital and Sun Capital, alleging the firms stripped it of its real estate assets in order to leverage the buyout.
2 min read · 22 January 2013
The Australian development firm is raising its third institutional opportunity fund targeting the east coast of Australia. It is expected to close on A$200m towards the end of the year.
1 min read · 22 January 2013