The Nordic special situations firm has seen an opportunity in a Swedish farmer-owned retailer, Granngården, which sells to pet lovers, householders and farmers. Granngården has 106 stores and 20 independent dealers in Sweden.
1 min read · 22 January 2013
The Connecticut-based placement agent has hired former Cengage Learning chief operating officer Jerry Elliott to take over some of the responsibilities of founder and CEO Charles Eaton. The firm has also appointed four executives to its private equity and real estate operations.
2 min read · 22 January 2013
Allocations to the private equity and real estate asset classes are expected to rise by more than 20 percent over the next two years, a study by JP Morgan Asset Management has shown, as institutional investors reveal such strategies are no longer ‘alternative’ at all.
2 min read · 22 January 2013
The Connecticut-based placement agent has hired former Cengage Learning chief operating officer Jerry Elliott to take over some of the responsibilities of founder and CEO Charles Eaton. The firm has also appointed four executives to its private equity and real estate operations.
2 min read · 22 January 2013
Abu Dhabi Investment Company has reportedly bought a 90 percent stake in Manhattan’s iconic Art Deco building from an arm of Prudential Real Estate Investors. The building is believed to have sold for close to $900m.
2 min read · 22 January 2013
The US property fund manager said the new business would assess corporate level acquisitions as well as debt and equity opportunities in a move towards higher risk, higher return strategies. Separately, LaSalle has plugged a gap in its European coverage by opening an office Milan led by former Redevco executive Francesco Coviello.
2 min read · 22 January 2013
City Lofts, the UK city center residential developer that JER helped take private last year, has succumbed to the property downturn.
1 min read · 22 January 2013
Olivier Piani, GE Real Estate’s chief executive in Europe, is leaving his post to head up Allianz’s new business. Piani, who is credited with building GE's real estate investments in Europe after a decade with the firm, will take up his new post with Allianz in October.
1 min read · 22 January 2013
Waterland Private Equity Investments is adding to its golf-related interests by acquiring a majority stake in GolfRange. The firm is looking to make the game more accessible and affordable by opening more courses in urban areas.
1 min read · 22 January 2013
Kuwait-based Global Investment House has launched its second Shariah-compliant real estate fund targeting property investments in the Middle East.
2 min read · 22 January 2013
