The German insurance firm, which is the process of building a global property investment business, has acquired a stake in a New York office on the Avenue of the Americas.
1 min read · 22 January 2013
Nils-Christian Haker is appointed chief operating officer of Atrium European Real Estate as its new investors, Citi Property Investors and Gazit-Globe, continue to restructure the Central and Eastern Europe shopping center company.
2 min read · 22 January 2013
The Irvine, California-based firm, launched this year by former Grubb and Ellis chairman Anthony Thompson, has hired Neil Miller as chief operating officer and general counsel at the firm.
1 min read · 22 January 2013
The AvalonBay Value Added Fund II will seek to acquire multifamily apartments in ‘high barrier-to-entry’ markets in the US.
1 min read · 22 January 2013
The Los Angeles-based private equity real estate firm, famed for its opportunistic plays, is expanding into new areas. The move is being spearheaded by Colony president Richard Saltzman, the man credited with creating the first real estate opportunity fund and the modern-day REIT.
2 min read · 22 January 2013
The Morristown, New Jersey-based private equity real estate firm has acquired more than 240,000 square feet of industrial and office buildings in its home state through the firm's latest $350m fund, Hampshire Partners Fund VII.
1 min read · 22 January 2013
Roughly two years after acquiring Jil Sander from Prada, the European retail-focused private equity shop has exited to Italy’s GIBO, a subsidiary of Tokyo-listed Onward Holdings. While owned by Change Capital, Jil Sander's EBITDA grew from negative €13m to €6m.
1 min read · 22 January 2013
The German property company is selling the caverns to a newly-created fund to be managed internally.
2 min read · 22 January 2013
Middle Eastern sovereign wealth investors have entered British football with The Abu Dhabi United Group for Development and Investment, headed by ‘the Donald Trump of Abu Dhabi’, agreeing to buy Manchester City FC.
1 min read · 22 January 2013
Continuing on the year’s flurry of deals in the multifamily sector, the Boston-based firm has picked up two properties in Orlando, Florida in one of the biggest multifamily transactions in Orlando this year.
1 min read · 22 January 2013