The world’s largest privately owned real estate services firm has hired Nigel Pedroz from HSBC bank to focus specifically on indirect real estate advisory work.
1 min read · 22 January 2013
Pramerica Real Estate Investors says it has formed a joint venture investment partnership with Big Yellow Group to develop and operate self-storage units throughout the Midlands, Northern England and Scotland.
2 min read · 22 January 2013
The Irish firm is planning a large-scale development at Central Europe’s largest lake in joint venture with a local operator.
1 min read · 22 January 2013
Drago Real Estate Partners, Sun Capital and Pearl Group, a Sun Capital-backed insurance business, have teamed up to acquire the network of 1,152 properties.
1 min read · 22 January 2013
INREV, the European Association for Investors in Non-Listed Real Estate, has set up a database for the first time charting the growth, strategy and target regions in the expanding fund of funds sector.
1 min read · 22 January 2013
Director of retail property at the firm says he is still confident the vehicle can clear its 9 percent annual IRR hurdle.
1 min read · 22 January 2013
Having recently snapped up the Hyatt Regency Milwaukee in September, Atlanta-based Noble Investment Group is continuing on its shopping spree with another hospitality acquisition in Dallas.
2 min read · 22 January 2013
The group, owned by Sheffield United owner Kevin McCabe, will list its China fund with an expected development value of some £845m on the Hong Kong Stock Exchange.
1 min read · 22 January 2013
Following a string of healthcare-related private equity real estate deals this year, New York-based alternative investment firm Angelo Gordon has acquired a provider of home healthcare and nursing services in the US.
2 min read · 22 January 2013
The Washington State Investment Board has said private equity outperforms ‘traditional investments’ and upped its allocation target for the asset class to 25 percent. The US pension also increased its real estate allocation from 12 percent to 13 percent and created a 5 percent allocation for ‘tangible assets’, which include infrastructure investments.
2 min read · 22 January 2013