The New York-based asset manager is evolving its newly enlarged BlackRock Real Estate team with a new global head as Jack Chandler is elevated to chairman.
2 min read · 27 February 2014
The private real estate markets of Asia’s emerging markets and Hong Kong face the most uncertainty as the US tapers quantitative easing, delegates heard at the PERE Summit Asia.
2 min read · 28 February 2014
The New York-based fund manager is preparing to raise its latest real estate vehicle with the help of its new in-house capital raiser, Josh Overbay.
3 min read · 27 February 2014
The direct property arm of Canada’s OMERS has agreed to purchase 450 Park Avenue from Somerset Partners.
2 min read · 27 February 2014
The European property arm of Ares Management, formerly called Area Property Partners, has bought a portfolio of 1,692 residential units via the insolvency of a former affiliate of BGP Investment as it looks to assemble a large platform of German housing assets.
2 min read · 27 February 2014
The H.I.G. subsidiary has acquired the Hilton Hotel in the former docklands area of London adding to real estate deals in the UK, Netherlands and Spain in the past 12 months.
2 min read · 27 February 2014
Zug-based specialist real estate firm Corestate Capital says its 2013 deal-by-deal approach saw the firm clock up a 1.6 average equity multiple and 32 percent IRR as it looks to ex-Germany markets.
2 min read · 27 February 2014
Joe Dear, one of private equity’s most respected investors, has died after a fight with cancer.
2 min read · 27 February 2014
The $176.2 billion pension plan has made 10 commitments to eight property managers, including Clarion Partners and DivcoWest.
2 min read · 26 February 2014
Lone Star’s Fund III has been selected as a successful bidder for the lion’s share of a giant package of assets sold by the Irish Bank Resolution Corporation.
2 min read · 26 February 2014
