A £1bn office redevelopment planned by MSREF near London’s Waterloo Station is being opposed by Boris Johnson, the new mayor of London, who was voted in by Londoners at the start of May.
2 min read · 22 January 2013
Having closed MGPA Europe Fund III in June on $1.3bn, the private equity real estate firm has acquired assets in Greece, Poland and now Italy.
1 min read · 22 January 2013
The Denver-based company, the world’s largest owner, developer and manager of distribution facilities, has made a number of appointments recently. The latest is that of Philip Dunne, who becomes chief operating officer in Europe and the Middle East.
1 min read · 22 January 2013
Prime areas of Manhattan, Washington DC and San Francisco saw office vacancy rates increase in the three months to June 30, according to a report by Colliers. The study by the real estate advisory firm said Class A properties were among the most affected.
2 min read · 22 January 2013
The real estate arm of German bank, Commerzbank, has returned to the London property market for the first time in three years after previously buying the headquarters of insurance institution, Lloyd’s of London.
2 min read · 22 January 2013
Michael Neal has joined Henderson from Goodman Property Investors to manage the firm’s retail warehouse fund. The fund, which started in 2001, owns assets worth more than £1.2bn.
1 min read · 22 January 2013
The US private equity firm sees an opportunity in Japan amid moves by major banks to cut their exposure to property, according to a report.
1 min read · 22 January 2013
The Hong Kong-based firm is midway through a fundraise for a strategy based on the growing wealth of the Pacific Rim.
2 min read · 22 January 2013
Donald Trump’s son is reportedly targeting India’s growing middle class with ‘high-end, luxury’ developments. Trump Jr said Mumbai would be his first point of entry into the country. The fund, he said, would start off small but grow as the Trump Organization grew more familiar with India.
2 min read · 22 January 2013
The Los Angeles-based private equity firm builds on its knowledge of the renal healthcare system in the US acquiring long-term care company, Covenant Care. Covenant has 43 nursing homes and three residential care facilities in seven US states.
2 min read · 22 January 2013
