Independent asset manager Aalto Invest has given a boost to its €700 million UK and European real estate lending program by hiring the man responsible for building up Royal Bank of Scotland into a global property finance powerhouse.
2 min read · 07 October 2013
The Los Angeles-based real estate investment manager is slated to hold a final close for its value-added fund this month and complete the initial round of capital raising for its open-ended core fund during the fourth quarter.
3 min read · 07 October 2013
The US bank has decided to shut down its real estate investment office in India, revealing some disillusionment with the real estate sector in the country.
2 min read · 07 October 2013
The placement agent has hired six professionals, including partner Kirk Rostron, bringing its staff count to 32 across nine offices globally.
2 min read · 07 October 2013
The hotel operator’s $1.25 billion IPO would pave the way for the New York-based private equity and real estate firm to eventually exit its single largest investment, which was made primarily on behalf of BREP VI.
3 min read · 07 October 2013
The Hong Kong-based firm is expected hold a final close for the Asia-focused investment vehicle on $600 million sometime in the next two months.
2 min read · 07 October 2013
In order to expand its real estate holdings outside of France, La Française, a $50 billion affiliate of Crédit Mutuel Nord Europe, has entered into a partnership to acquire a 24.9 percent stake in Forum Partners and commit more than $600 million of capital across Forum’s strategies.
3 min read · 07 October 2013
The world’s largest sovereign wealth fund has purchased a 45 percent interest in the NYC building from Boston Properties for $684 million.
2 min read · 07 October 2013
Further signs of the internationalization of Indian real estate as the world’s largest privately held commercial property services firm buys the entire team of a local consultancy.
3 min read · 07 October 2013
Otis Spencer has joined the Merrill Lynch spin-out as president of Peakside Polonia Management, the central and eastern Europe fund management business that Peakside took over from Allied Irish Banks last year.
2 min read · 07 October 2013
