David Blight, the outgoing head of ING Real Estate's investment management business, is joining Australian company APN Property Group.
1 min read · 22 January 2013
The sovereign fund has doubled its profits to S$18.2bn although the size of its real estate portfolio has fallen by two percent in the past year. As the credit market fallout continues, Temasek has indicated it will continue to do direct deals in financial services.
2 min read · 22 January 2013
Exploring alternatives to plug the state's projected budget shortfall for transportation projects, the US state's executive and legislative leaders are examining the possibility of creating a Texas-focused transport infrastructure fund.
2 min read · 22 January 2013
The joint venture between New York-based Och-Ziff and Florida-based real estate developer The Kolter Group is targeting residential investments in the southeast region of the US.
1 min read · 22 January 2013
Foxtons, the UK estate agency owned by global buyout group BC Partners, is having a tough time amid the housing market slowdown. Investment bankers from NM Rothschild are reportedly being asked to advise on a refinancing of the company’s £250m debt package.
1 min read · 22 January 2013
The Southern California plant nursery operator, partly owned by CalSTRS, has selected turnaround specialist Black Diamond as its stalking horse bidder. Hines has also secured $62 million in debtor in possession financing from its lenders, which include Cerberus-owned GMAC Commercial Finance.
2 min read · 22 January 2013
SHUAA Capital has raised $240m for the first close of its hospitality fund focused on Saudi Arabia, ‘the first private equity fund domiciled in the Kingdom'. The fund will develop 17 hotels, apartments and resorts in the country.
2 min read · 22 January 2013
The joint venture that recently raised a $1bn real estate fund is targeting the Florida residential sector. The firms have acquired 500 condos in the Sunshine State ‘at significant discounts.’
1 min read · 22 January 2013
Foxtons, the UK estate agency owned by global buyout group BC Partners, is having a tough time amid the housing market slowdown. Investment bankers from NM Rothschild are reportedly being asked to advise on a refinancing of the company’s £250m debt package.
1 min read · 22 January 2013
Gautam Bhandari, previously part of the bank’s investment banking division in New York, is moving to Mumbai to head up Morgan Stanley Infrastructure as it seeks to invest part of a $4bn global fund in India, the Middle East and Sub-Saharan Africa.
1 min read · 22 January 2013
