The Chicago-based real estate investment firm has closed its LaSalle Income and Growth Fund V, a value-added fund targeting US properties affected by the capital market dislocation.
1 min read · 22 January 2013
The San Francisco-based private equity real estate secondaries firm appoints former Redwood Trust mortgage specialist John Arens as director.
1 min read · 22 January 2013
The financial services firm has hired Rodney Montag as executive managing director to lead Cantor Real Estate alongside Andrew Stark. The group plans to launch a real estate opportunity fund targeting distressed land holdings and development projects.
1 min read · 22 January 2013
A new report by the United Nations says investors should pressure property fund managers to invest in sustainable property, or risk seeing their returns slide sharply.
1 min read · 22 January 2013
The Dutch investment firm is teaming up with South Korean hedge fund Woori Investment and Securities to raise a private equity property fund targeting Southeast Asia.
1 min read · 22 January 2013
Wilson Lee, the former UBS and Lehman Brothers real estate professional, has joined ING Real Estate Investment Management in Europe to lead the firm’s new opportunity fund business in the region.
2 min read · 22 January 2013
Tatiana Bosteels has joined the UK property fund manager from the London Climate Change Agency as pressure mounts on firms to incorporate responsible investing principles within property portfolios.
2 min read · 22 January 2013
CVC’s Germany head Steven Koltes has denied speculation in the financial press that it plans to sell the real estate division of Evonik, a German conglomerate in which it bought a 25 percent stake earlier this month.
1 min read · 22 January 2013
New York hotel group, Morgans Hotel, is the newest partner in a JV between private equity real estate firm Normandy Real Estate Partners and Ames Hotel Partners to redevelop Boston’s first skyscraper into a boutique hotel.
2 min read · 22 January 2013
The real estate services firm agrees to acquire its smaller rival in a bid to bolster its presence in key US markets and its tenant representation business. The merger will leave Jones Lang LaSalle with almost 50,000 employees and 184 offices worldwide.
2 min read · 22 January 2013
