David Broderick, who served as senior legal counsel at Lehman’s Global Real Estate Group, has left the Wall Street firm for 'magic circle' firm Allen and Overy.
1 min read · 22 January 2013
A joint venture between real estate investment firm Heitman and self-storage REIT Sovran Self Storage is looking to acquire up to $350 million of self-storage facilities throughout the US.
1 min read · 22 January 2013
Following its real estate and private equity target increases early this year, the $38 billion Maryland State Retirement and Pension System has made commitments to three funds.
1 min read · 22 January 2013
CITIC Capital Partners is backing Fushun Excavator, formerly a state-owned enterprise, with its second investment in two months from its China-focussed fund.
1 min read · 22 January 2013
The US public service union, the Service Employees International Union, has launched an international initiative to change tax laws it asserts unfairly benefit private equity firms.
2 min read · 22 January 2013
The US’ second largest public pension fund is considering allocating $1 billion to the growing asset class with California’s infrastructure needs to be given preference.
2 min read · 22 January 2013
The private equity real estate firm hires former DTZ executive to capitalize on the growing secondaries and fund of funds market in Europe.
1 min read · 22 January 2013
The group blames the credit crunch for forcing them to abandon the planned development, which would have included the tallest casino in Las Vegas.
1 min read · 22 January 2013
Phoenix Mills plans to raise capital from foreign private equity investors for development of malls and hospitality assets throughout India.
2 min read · 22 January 2013
Australia-born David Blight, a veteran of Netherland’s-based ING Real Estate, is heading back to Sydney for family reasons having served as chief executive officer of its global real estate investment management business since the start of 2005.
2 min read · 22 January 2013
